Mastercard targets 100 million African clients by 2020

Mastercard, the international credit card issued by several Namibian banks, announced this week that Raghav Prasad is the company’s new Division President for sub-Sahara Africa. Prasad is tasked to strengthen Mastercard’s position in Africa by leveraging technology to build stronger and more inclusive payment ecosystems.

Prasad brings his extensive 30-year global financial services and payments industry experience to further Mastercard’s goal of financially including 100 million people by 2020 – an objective that can only be achieved by working with partners across the public and private sectors and by introducing market-relevant digital payment solutions such as Masterpass QR, Mastercard Payment Gateway Services along with its core Debit, Credit, Prepaid and Commercial solutions.


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