Mastercard-Mindanao Digital Partnership

To accelerate digitization in the region, the strategic partnership is the first Philippine region-level collaboration of its kind for Mastercard in Southeast Asia

Mastercard and the Mindanao Development Authority (MinDA), the government agency mandated to promote the socioeconomic development of Mindanao, have announced a strategic partnership to empower more Filipinos to participate in the digital economy thereby creating sustainable communities.

The goal is to accelerate digitization in the region and deliver world-class solutions that contribute to the rapid digitization of the region’s citizen services, with a focus on micro, small, and medium enterprises (MSMEs), and the region’s agriculture and tourism sectors.

Secretary of MinDA Maria Belen Acosta stated that the partnership will help to enhance the region’s economy. “We are excited to collaborate with Mastercard to boost financial inclusion through citizen service digitization, tourism, and cyber resilience programs in the region of Mindanao,” she said.

“The collaboration will help the region bring better citizen experiences across the region’s local governments and attached agencies, improve financial literacy and participation, as well as improve the efficiency of digital payments and disbursements for MSMEs in agriculture and tourism, in the region dubbed as the ‘breadbasket’ of the Philippines.”