Mastercard expands footprint in Mauritius; opens office in Port Louis
By Gloria Mathias
Mastercard has achieved a new milestone with the opening of its first office in Mauritius. This move broadens Mastercard’s presence in East Africa and the Indian Ocean Islands and strengthens its commitment to serving the emerging market of Mauritius with its financial products and services.
Mastercard’s physical presence in Mauritius signifies the company’s efforts to drive growth and support for the country’s digital economy. Through this office, Mastercard will be focusing on delivering key value to its customers and businesses in the region by being able to deliver greater agility and efficiency when providing services to Mauritian stakeholders.
Over the past few years, the company has initiated collaborations aimed at introducing card offerings and enhancing customer experiences in Mauritius.
“Mastercard has a long and rich history in Mauritius, and the opening of our first dedicated office further cements our footprint in the market as we get closer to our local partners. We have a robust expansion and growth strategy in place for the region, and the establishment of our formal presence is a key pillar as we look to further meet the market-specific needs of our customers. We look forward to leveraging our global and local expertise and innovative capabilities to roll out world-class payment technologies in this market alongside our partners,” said Mark Elliott, Division President, Sub-Saharan Africa at Mastercard.
“Mauritius is a country that offers a great opportunity for Mastercard to increase its geographical presence in East Africa and the Indian Ocean Islands. We’re optimistic about what lies ahead for Mastercard’s expansion here. Our focus is on attracting and nurturing top-notch professionals to drive our operations, ensuring that we not only grow our presence here but also contribute significantly to the local economy and technological landscape,” said Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard.
The new office in Mauritius was officially opened in Port Louis, marking a new chapter in Mastercard’s journey to expand and innovate in East Africa and the Indian Ocean Islands.
IBSi Daily News Analysis
February 23, 2024
Regulated firms battle surge in financial crime attempts, research revealsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage