Lebanese fintech company MyMonty has announced a strategic collaboration with Mastercard aimed at advancing digital payment adoption and supporting Lebanon’s shift towards a digital economy. This partnership will enable MyMonty to scale its digital payment solutions, enhancing transaction efficiency and security for both individuals and businesses.
By leveraging Mastercard’s vast network and cutting-edge payment technology, MyMonty aims to offer users advanced security features and greater convenience in managing money and making payments domestically and internationally.
Antoni Lorfing, CEO of Monty Finance, stated, “Lebanon is at a pivotal moment in its financial transformation. By joining forces with Mastercard, we are accelerating the adoption of digital payments, providing more secure, convenient, and accessible financial transactions for everyone. This collaboration brings us one step closer to a truly cashless economy.”
Adam Jones, EVP and Division President for West Arabia at Mastercard, added, “We are committed to driving payment innovation and leveraging our advanced technology to make digital payments more accessible and convenient. We are thrilled to join forces with MyMonty to unlock new opportunities for consumers and fuel the growth of Lebanon’s digital economy.”
