Econet Group, Mastercard Partners on Fintech Solutions for Covid-19 response to advance digital inclusion in Africa

The Econet Group, through its subsidiary, Cassava Fintech International and Mastercard have entered into a strategic partnership to advance digital inclusion around Africa and collaborate with a range of initiatives including the growth of the Africa Centres for Disease Control (CDC) TravelPass.

TravelPass is a digital health pass developed by Cassava Fintech and offered along with the Africa Centres for Disease Control and Prevention (Africa CDC).

It’s available to users of Cassava Fintech’s Sasai SuperApp and is recognised as one of the primary initiatives in the struggle against the cross-border spread of Covid-19 in Africa.

Mastercard is partnering with Cassava Fintech to enhance the security of TravelPass via Mastercard’s Community Pass stage. Mastercard Community Pass is an interoperable electronic platform providing support delivery for marginalised individuals and communities, for example, access to critical health services such as patient care strategy monitoring for Covid-19.

The joint initiative involving Mastercard and Cassava Fintech seeks to provide a unified solution with greater convenience and improved safety, that is anticipated to promote safe cross border travel in Africa in response to this Covid-19 pandemic.

The partnership will also allow both organisations research cooperation like the further integration of the Community Pass with Cassava Fintech’s mobile and financial services, acquiring and processing of card payments across the continent, along with the introduction of a physical or virtual card to the Sasai SuperApp.

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CEO at Cassava Fintech, Darlington Mandivenga, said the partnership using Mastercard would pave the way for the two companies to jointly tackle the challenges facing African economies since they re-open place the COVID-19 pandemic.

“We’re eager to use Mastercard to research solutions which will, among other matters, mitigate the risk of falsified demonstration of a third party’s Travel Pass at access and transit issues,” Mandivenga stated, adding that the same technology could also be utilised in payment solutions.

Cassava Fintech employs an integrated design to provide financial and digital services to guarantee a”financially inclusive future that renders no African behind”.

Divisional President, Southern Africa, Mastercard, Mark Elliott, said: “We look forward to joining hands with Cassava Fintech in researching new solutions that can make a difference and advantage the continent. In addition to digital innovation for the future journey, Cassava will also leverage our secure payments system to advance access to financial services”

Mastercard is a leading global technology company dedicated to creating an inclusive, sustainable digital economy that benefits everybody, everywhere, by making trades safe, simple, intelligent and accessible.

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