Mastercard Partners Yellow Card to Advance Stablecoin Payments Across Africa and EEMEA
Mastercard and Yellow Card have partnered to expand stablecoin payment solutions across Africa and EEMEA, targeting remittances, B2B payments, and digital finance innovation...
✨ Key Highlights
Mastercard has partnered with Yellow Card to boost the adoption of stablecoin payments across Eastern Europe, the Middle East, and Africa (EEMEA).
- The collaboration will explore new stablecoin use cases including cross-border remittances, B2B payments, digital loyalty programs, and treasury management.
- Key individuals involved include Chris Maurice (speaking on behalf of Yellow Card) and Mete Güney (representing Mastercard).
- Pilot markets will initially include Ghana, Kenya, Nigeria, South Africa, and the United Arab Emirates.
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Kenya eCitizen Platform to Implement Tiered Fee Structure Doubling Maximum Charge - May 2026
Kenya's Treasury is proposing a new tiered structure for the eCitizen convenience fee, potentially doubling the maximum charge from KES 50 to KES 100, aiming to replace the flat fee that was previously struck down by the courts. This change comes as Kenya prepares to retire physical motor vehicle logbooks on June 10, 2026, with the launch of the digital eLogbook on the eCitizen platform. Separately, Mastercard has partnered with Yellow Card to boost the adoption of stablecoin payments across Eastern Europe, the Middle East, and Africa (EEMEA). Further, African governments are urged to elevate telecommunications to a core economic pillar and reduce taxes to enhance digital inclusion across the continent.
