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Mastercard seeks to expand the use of its payment technologies in Venezuela

FinanceInternationalBanca y Negocios35 s readAI summary
Image: Banca y Negocios

Mastercard is seeking to expand its business in Venezuela by modernizing payment methods and developing new consumer experiences. Carlos Quintero, the company's executive vice president of Marketing and Communications for Latin America and the Caribbean, told Bloomberg Línea that optimism in the country opens an opportunity to accelerate the adoption of digital technologies. The firm is pushing initiatives such as tokenization, cybersecurity tools and insurance tied to payments, and is preparing an alliance with the Venezuelan Professional Baseball League.

In 35 seconds

  • Mastercard aims to expand the use of electronic payments in Venezuela and modernize payment methods
  • Executive Carlos Quintero says Venezuela is one of the company's most important markets in Latin America
  • Its initiatives include tokenization, cybersecurity and insurance tied to payments
Read the full story at Banca y Negocios

IASummary generated by artificial intelligence from a story by Banca y Negocios. It may contain errors: the original source prevails.

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