Mastercard, Payment24 Partner to Promote EMV Adoption: EEMEA
- Mastercard and Payment24 are expanding their collaboration across Eastern Europe, the Middle East, and Africa to enhance security and foster innovation within the fleet and fuel payment industry throughout the region.
- The partnership aims to accelerate the transition to the secure EMV standard and assist fleet operators in mitigating the risk of fraud linked to magnetic strip fleet cards.
- The collaboration provides modern fleet and fuel payment solutions to banks and fleet card issuers, allowing drivers to enjoy a fast, secure, and seamless payment experience while fleet operators can monitor driver spending in real-time and reduce reliance on cash.
The collaboration between Mastercard and Payment24 to enhance security and foster innovation in the fleet and fuel payment industry is a positive move. The partnership aims to accelerate the transition to the secure EMV standard and mitigate the risk of fraud. This collaboration will provide modern payment solutions and help customers in the banking industry to better mitigate risks associated with legacy technologies.
