Mastercard: Connecting the Falklands

Mastercard and Square, two financial services companies, partnered with the Falkland Islands Government to solve one of the greatest challenges facing the Islands' small- and medium-sized businesses: accepting card and digital payments.

Summary

Connecting the Falklands, a partnership between the Falkland Islands Government, Mastercard, and Square; solving one of the greatest challenges facing the Islands' small and medium- sized businesses - accepting card and digital payments.

Background to the Partnership

The Falkland Islands, a British Overseas Territory, lies 8,000 miles from London in a remote location. Many of the Islands' businesses have been cash-only due to complicated banking and compliance considerations and physical hardware issues. This has made it incredibly difficult - sometimes impossible - for businesses to accept card payments.

With only one cash machine and one bank branch on...

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