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HomeBankingMastercard & ADB: Build multi-stakeholder alliance

Mastercard & ADB: Build multi-stakeholder alliance

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  • Mastercard a global technology company in the payments industry mission to connect and power an inclusive, digital economy
  • Creates a new digital pathway to credit for wholesalers for better cash flow management and inventory investments
  • These unprecedented times underscore the importance of building an inclusive, sustainable digital economy
  • The global pandemic and accompanying economic impact have severely disrupted supply chains and trade networks
  • The International Chamber of Commerce estimates a potential $2 trillion to $5 trillion shortfall in trade financing through 2021
  • Partnership with Mastercard and its alliance partners in the pilot digital supply chain project will provide critical access to finance to affected MSMEs

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