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Mastercard Launches $500 Million Settlement Exposure Facility With IFC

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Sig4.40Sen+7.10Env0.00Soc+6.60Gov+2.40

Mastercard announced a new $500 million global settlement exposure facility with the International Finance Corporation to expand digital payments and financial services for underserved populations. The partnership aims to help emerging-market financial institutions join the Mastercard network, using cost-effective access to payment infrastructure with risk-management standards, supporting micro-, small and medium-sized businesses and committing to connect 500 million people and small businesses by 2030.

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