Ericsson, Mastercard team up to enhance global digital money movement

Updated 2/18/2026 3:08:00 PM

Arab Finance: Ericsson has entered a partnership with Mastercard to reshape how money moves across the world, as per an emailed press release.

Under the collaboration, the Ericsson Fintech Platform (Mobile Financial Services) will be integrated with Mastercard Move (Mastercard’s portfolio of money movement solutions).

This aims to 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 simplify fintech connectivity to Mastercard Move.

These capabilities reduce technology complexity, lower operational barriers (by simplifying integration, deployment, and compliance), and accelerate time to market for new payment services – all aimed at catalyzing innovation and growth in the sector.

The Ericsson-Mastercard collaboration transforms how financial services are built, delivered, and scaled. It creates new revenue streams and strengthens digital ecosystems across emerging and developed markets.

Financial inclusion and accessibility are key focuses of the collaboration. Mastercard Move enables money movement across 200 countries and territories, connecting more than 17 billion endpoints, and supporting transactions in 150 currencies.

Ericsson’s fintech platform operates in 22 countries, serving more than 120 million active users and processing more than 4 billion transactions every month across digital wallets, payments, remittances, lending, and loyalty services – all backed by enterprise-grade security.

Mastercard Move’s integration into Ericsson’s Fintech Platform aims to accelerate the adoption of digital payments and expand participation in the digital economy.

The global rollout will begin in the Middle East and Africa, where demand for mobile money, remittances, and interoperable payment services is particularly strong.