KaiOS and Mastercard are joining forces to bridge the digital finance gap for entrepreneurs in Africa, starting with Côte d’Ivoire and Nigeria. This partnership is focused on delivering a low-cost, mobile-based digital payment solution that empowers small business owners to process transactions, manage finances, and grow their enterprises—all on an affordable device. For millions of entrepreneurs across the continent, digital tools have the potential to transform how they operate, increase access to customers, and ultimately boost their economic impact.
Through KaiOS’s smart feature phones, loaded with essential apps and functionalities, and Mastercard’s secure digital payments technology, entrepreneurs can now accept payments seamlessly without needing a high-end smartphone or costly infrastructure. This accessibility opens new doors for business owners in remote or underserved areas who previously lacked digital solutions for managing their operations. The partnership reflects both companies’ commitment to financial inclusion, highlighting how technology can drive meaningful change on a local level.
With the initial rollout in Côte d’Ivoire and Nigeria, KaiOS and Mastercard aim to provide broader access to tools that were once out of reach, leveling the playing field for entrepreneurs. By lowering the barriers to entry, the collaboration not only supports individual business growth but also fosters greater economic resilience across the region.
Learn more about this exciting development and the vision behind it in our CEO’s exclusive interview with Mastercard at https://www.mastercard.com/news/perspectives/2024/smart-enough-how-a-low-cost-phone-can-change-the-equation-for-millions-of-african-entrepreneurs/