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Ericsson and Mastercard Enhance Global Digital Money Movement and Accelerate Digital Financial Inclusion

Ericsson (NASDAQ: ERIC) and Mastercard today announce a collaboration to reshape how money moves across the world. By integrating the Ericsson Fintech Platform (Mobile Financial Services) with Mastercard Move - Mastercard’s portfolio of money movement solutions - the collaboration will empower telecom service providers, banks, and fintechs to expand digital wallet capabilities, launch new payment services, and reach unbanked or underbanked communities.

Ericsson’s pre-integrated application programming interfaces (APIs), cloud-native deployment and compliance-ready infrastructure simplifies fintech connectivity to Mastercard Move.