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Member News: Mastercard joins hands with Maestrano to launch Asia Pacific’s first SME cloud platform with integrated business applications

Member News: Mastercard joins hands with Maestrano to launch Asia Pacific’s first SME cloud platform with integrated business applications

Recognizing the integral role small and medium enterprises (SMEs) play in developing Asia Pacific’s economies, Mastercard together with Maestrano today announced a strategic partnership to encourage SME development by enabling issuing banks across the region to leverage cloud-based technologies. The partnership aims to help SMEs reduce operational inefficiencies and encourage greater visibility and control of finances.

As part of the agreement, Mastercard will be able to refer Maestrano as a complementary platform to its business card proposition to banks across Asia Pacific. This makes it the first SME cloud marketplace partnership for Mastercard in Asia Pacific and a big step forward in further driving its digital offering for SMEs.