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Mastercard extends footprint in Middle East and North Africa with strategic expansion in key markets

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By establishing its formal presence in three new markets in the Middle East and North Africa, Mastercard, a leading technology company in the global payments industry, has reaffirmed its commitment to transforming the payments sector in the region through a renewed customer-centric approach to growth and expansion.

Following the recent inauguration of its offices in Bahrain and Pakistan, the company has now set up its Levant headquarters in Amman to come closer to its partners in Jordan, Lebanon, Iraq and Palestine and serve their needs through stronger and deeper partnerships with local entities and industry players.

Located in the King Hussein Business Park in Amman, the new office extends Mastercard’s footprint in the Middle East and North Africa to fourteen offices with the regional headquarters located in Dubai, UAE.

“As one of Mastercard’s fastest growing markets globally, Middle East and North Africa occupies an important, strategic place in our wider growth plans globally. Over the last thirty years, we have made tremendous progress in expanding the reach of our industry-leading and innovative payments solutions in local markets and now through our extensive network of fourteen dedicated offices spread across all key markets, we are looking ahead to further reinforcing our leadership position through deeper alliances with our growing customer base and strengthening our resolve to shaping the cashless future of the payments landscape in this part of the world,” said Raghu Malhotra, President, Middle & Africa, Mastercard.

Driving Mastercard’s market focused approach in the region, Khalid Elgibali, Division President, MENA, Mastercard, commented: “Our new offices in Pakistan, Bahrain and now in Jordan will bring Mastercard closer to its partners, merchants and consumers in the region and consolidate our reputation as a customer-centric company that is always looking for ways to engage with its target audiences more meaningfully.”