Mastercard and Cellulant in account-less pay pact

Mastercard and Cellulant have signed an agreement, which will see clients of the payments firm across Africa shop and pay online without the need for a bank account.

The deal will see customers pay globally with a Mastercard virtual payment solution linked to the Cellulant wallet Tingg. The Mastercard technology will enable consumers to shop online with or without a bank account, through a simple and secure payment experience.

“We see the increasing proliferation of fintechs as a strategic opportunity to add value by creating more connections, better user experiences and greater choice for consumers,”

The partnership comes at a time digital commerce and online shopping is thriving across the continent as the need for safer means of shopping online takes centre stage.