March 5, 2015/MasterCard

Today, MasterCard and Microsoft announced a partnership to promote financial inclusion and economic development in Mexico. Through this partnership, both companies will work together to facilitate the adoption of electronic payments by micro merchants in Mexico, encourage the formalization of their businesses and drive financial inclusion.

Antonio Junco, Director of MasterCard Mexico and Central America, said: “Micro merchants are a very important segment in Mexico, representing 99.8% of the companies in our country. Therefore, it is of utmost importance to provide them with innovative tools that allow them to be more productive and competitive and grow in the national economy. Our partnership with Microsoft strengthens the strategy we launched to include micro merchants in the financial sector and to encourage them to accept different payment channels in their business plan. Microsoft is an important partner and player in the segment and we feel really pleased to cement this partnership.”