Mastercard and Nomba Join Forces to Revolutionize Payment Solutions in Africa

Mastercard has unveiled a strategic partnership with Nomba, a top-tier payment solutions provider, aimed at transforming payment experiences for businesses nationwide.

This collaboration integrates Mastercard Gateway into Nomba’s Checkout solution, delivering a streamlined, secure, and efficient transaction process that connects businesses with customers both locally and globally.

Leveraging Mastercard’s globally trusted infrastructure and innovative technology, Nomba is set to enhance its payment offerings. This upgrade empowers businesses with faster, safer, and more dependable payment options, elevating the overall customer experience. Through this integration, Nomba Checkout will support diverse payment methods ranging from international cards to QR codes catering to a wide array of customer preferences.

Speaking on the collaboration, Folasade Femi-Lawal, country manager and area business head for West Africa at Mastercard, said:

“As Mastercard continues driving innovation and financial inclusion, we are thrilled to join forces with Nomba in its mission to deliver premier payment solutions to businesses in Nigeria. Our broader mission includes bringing one billion people into the digital economy by 2025, and this collaboration with Nomba is an important step in driving that goal. With our trusted global infrastructure and cutting-edge technology, we are excited to support Nomba in its efforts to drive the growth of digital payment solutions, offering businesses a faster, safer, and more reliable way to connect with customers.”

Also commenting, Jafer Ali Shariff, Head of Product at Nomba, said:

“At Nomba, what excites us is seeing our customers’ growth journey and this collaboration with Mastercard is a fundamental step that unlocks new opportunities. As we work towards building a digital Africa, Mastercard’s global expertise and state-of-the-art technology will allow Nomba Checkout to deliver the speed, efficiency and reliability our customers need to scale their businesses.”

The partnership is designed to not only improve payment experiences but also promote financial inclusion by broadening access to digital payments across Nigeria and beyond. Businesses stand to gain multiple advantages, including heightened reliability backed by Mastercard’s robust global network, advanced fraud prevention, and superior data protection tools. Additionally, access to Mastercard’s extensive user base opens new opportunities for growth, while faster transaction processing boosts operational efficiency, cash flow, and customer satisfaction.

Looking forward, Mastercard and Nomba are dedicated to expanding Africa’s payment ecosystem. With digital payment demand surging, this collaboration marks a pivotal move toward building a seamless and secure payment landscape that benefits both businesses and consumers. Together, they are paving the way for an inclusive, digital Africa one transaction at a time.