IMAGE DISTRIBUTED FOR MASTERCARD WORLDWIDE - Ajay Banga, MasterCard Worldwide President and CEO, announcing a partnership between MasterCard and Equity Bank of Kenya to issue five-million MasterCard-branded debit, credit and prepaid cards over the next 18 months, at a signing ceremony in Nairobi, Kenya on Tuesday Jan. 15, 2013. The MasterCard cards with chip-enabled technology will be issued first into the Kenyan market and then extended into Uganda, Tanzania, Rwanda, and South Sudan, signaling the largest rollout of EMV payment cards in sub-Saharan Africa to date. The initiative also introduces MasterCard PayPass, with the first ever installation of PayPass enabled point of sale terminals across the region, and Mobile Point of Sale systems, which allows merchants to receive payments via low cost add-ons linked to secure applications on their mobile devices. This program empowers African consumers to use electronic payments which provide a safe and secure way to pay, versus cash and other forms of payment.  (Riccardo Gangale /AP Images for Mastercard Worldwide)

Associated Press
IMAGE DISTRIBUTED FOR MASTERCARD WORLDWIDE - Ajay Banga, MasterCard Worldwide President and CEO, announcing a partnership between MasterCard and Equity Bank of Kenya to issue five-million MasterCard-branded debit, credit and prepaid cards over the next 18 months, at a signing ceremony in Nairobi, Kenya on Tuesday Jan. 15, 2013. The MasterCard cards with chip-enabled technology will be issued first into the Kenyan market and then extended into Uganda, Tanzania, Rwanda, and South Sudan, signaling the largest rollout of EMV payment cards in sub-Saharan Africa to date. The initiative also introduces MasterCard PayPass, with the first ever installation of PayPass enabled point of sale terminals across the region, and Mobile Point of Sale systems, which allows merchants to receive payments via low cost add-ons linked to secure applications on their mobile devices. This program empowers African consumers to use electronic payments which provide a safe and secure way to pay, versus cash and other forms of payment.  (Riccardo Gangale /AP Images for Mastercard Worldwide)
IMAGE DISTRIBUTED FOR MASTERCARD WORLDWIDE - Ajay Banga, MasterCard Worldwide President and CEO, announcing a partnership between MasterCard and Equity Bank of Kenya to issue five-million MasterCard-branded debit, credit and prepaid cards over the next 18 months, at a signing ceremony in Nairobi, Kenya on Tuesday Jan. 15, 2013. The MasterCard cards with chip-enabled technology will be issued first into the Kenyan market and then extended into Uganda, Tanzania, Rwanda, and South Sudan, signaling the largest rollout of EMV payment cards in sub-Saharan Africa to date. The initiative also introduces MasterCard PayPass, with the first ever installation of PayPass enabled point of sale terminals across the region, and Mobile Point of Sale systems, which allows merchants to receive payments via low cost add-ons linked to secure applications on their mobile devices. This program empowers African consumers to use electronic payments which provide a safe and secure way to pay, versus cash and other forms of payment.  (Riccardo Gangale /AP Images for Mastercard Worldwide)
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