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Gulf Press > Uncategorized > Transforming multiple industries through digitisation and diversification
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Transforming multiple industries through digitisation and diversification

News Room
Last updated: 2024/08/29 at 12:45 AM
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Mastercard is a leader in payments technology and is helping companies diversify and deepen connections with customers through personalized offerings. The company works with various sectors beyond banks and financial institutions, including telecommunications, retail, e-commerce, government, and fintech start-ups.

One of Mastercard’s successful partnerships is with e&, where the company’s technology expertise has enhanced consumer engagement by integrating digital payment services. Retailers are also benefiting from digitalization, with omnichannel payments becoming essential to meet consumer demand for convenience and choice as e-commerce continues to grow.

In the retail sector, technology adoption has evolved, with the use of generative AI tools and loyalty programs to enhance the consumer experience. Mastercard’s collaboration with Alshaya Group to expand the Aura loyalty program will bring additional benefits to consumers across multiple markets in the GCC region.

Mastercard’s SpendingPulse platform provides retailers with insights and forecasts by blending historical and real-time spending patterns. This tool empowers retailers to make data-driven decisions, from identifying key sales days to comparing sales data and trends affecting the industry.

As more companies focus on payments to drive engagement and loyalty, building trust in digital payments through cybersecurity solutions and innovation is crucial. Mastercard continues to leverage technologies like AI to develop personalized value propositions that solve real problems, shape the future of commerce, and make people’s lives easier. The company is committed to creating new experiences that offer personalized and contextualized services to consumers.

Overall, Mastercard’s strategic partnerships and technological expertise are helping businesses across various sectors navigate the digital transformation landscape, drive engagement, boost loyalty, and provide tailored solutions to meet the evolving needs of today’s consumers. By focusing on innovation, data analytics, and global expertise, Mastercard is paving the way for a more seamless and personalized future in commerce.

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News Room August 29, 2024
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