MasterCard and Standard Bank Group Sign Agreement

By MasterCard Worldwide
MasterCard and Standard Bank Group Sign Agreement
MasterCard and Standard Bank Group Sign Agreement

JOHANNESBURG, South-Africa, August 29, 2013/African Press Organization (APO)/ -- Ann Cairns, President of International Markets, MasterCard (, with Peter Schlebusch, Group Executive, Standard Bank Group as they celebrate the signing of an agreement strengthening the relationship between MasterCard and Standard Bank Group for a further five years.



This agreement will expand the remit of MasterCard across the African countries where Standard Bank is present and leverages the use of several MasterCard products and services, including MasterCard Advisors, to further optimise Standard Bank's distribution platforms, introduce new product offerings and drive cost efficiencies.

Behind Cairns and Schlebusch are (left to right) Chris Sweeney, Head of Card, Standard Bank Group; Philip Panaino, Division President, South Africa, MasterCard and Michael Miebach, President, Middle East and Africa, MasterCard.

Distributed by the African Press Organization on behalf of MasterCard Worldwide.

Media Contact:

Gina de Villiers, [email protected], +27 11 208 5500

About MasterCard:

MasterCard (NYSE: MA), (, is a global payments and technology company. It operates the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, ( join the discussion on the Cashless Conversations Blog ( and subscribe, ( for the latest news, (