Mastercard for Government

All aboard for London! We're excited to be returning to Transport Ticketing Events' flagship convening for the third year running to connect on how Mastercard is revolutionizing urban mobility. Mark your calendar 📅 to stop by our stand and be sure to catch our Global Head of urban mobility Chapin Flynn and Andy Taylor, our Public Transportation Center of Excellence Lead on the main stage. #TTGlobal25 #governmentinnovation

With demands for digital services on the rise and public debt mounting, tangible change is needed. Governments worldwide face the critical task of balancing ⚖️ fiscal responsibility with the need to foster economic growth and ensure transparency.   At Mastercard, our firm belief is that digitalizing payments can be transformative for governments and citizens alike. They have the power to accelerate sustainable, inclusive and efficient economic activity to benefit us all.   Through partnership, we can turn the challenges of the public purse 💰 into opportunities for meaningful change.   Today we’re excited to launch ‘Digitalizing the Public Purse’, a new report series which considers the challenges and opportunities digitalizing government payment flows offer.    📖 Read our first paper below about transforming and implementing the next generation of Government to Person payments. 👇 https://lnkd.in/ghbWCgzC Andrew Gillen Maria Cristina Carreon Sanchez Elodie Bousquel Engin Y. Nabeel Irshad Dirk Muehlenweg Julianne Funk Jennifer Duncan #governmentinnovation #urbaninnovation

Let's have a look back at how we shaped the future of tourism in 2024 👀 ✈️ DESTINATION TRANSFORMATION: We took a journey across the globe from Costa Rica to Sevilla to highlight the unique and memorable traveler experiences we've helped create shape the future of tourism that supports destinations adapting to new challenges and opportunities. 📘 JOURNEY TO TOMORROW: We launched an innovative report that that explores future-proofing tourist destinations and harnessing current trends 💼 SEE YOU THERE: Meet us at our Tourism Innovation Hub at ITB Berlin in March as we continue to drive inclusive and sustainable destination development with our partners in 2025 and beyond!

The traditional tax return as we know it will soon be a relic of the past! This week we dive deeper 🤿 with Global Government Forum to learn more how digital technologies are dramatically easing the process of paying taxes, while providing invaluable data to finance departments around the globe. At the GGF Finance Summit Ruth Kennedy, Revenue Commissioner at Ireland’s tax and customs agency, championed “natural taxation,” advocating for tax systems to fit seamlessly around businesses' and workers' existing practices, streamlining processes and utilising direct data sources. Marine Khurtsidze, Head of the Tax and Customs Policy Department at Georgia’s Ministry of Finance, highlighted Georgia's efforts to simplify and digitise tax administration, reducing the number of taxes from 22 to six and implementing personal web portals for electronic tax returns and management that streamline the constituent experience. 📖 Hear more from other civil service leaders on the remarkable progress governments have made in how they assess and collect tax revenues in the third of a five-part report from the Global Government Forum Finance Summit below. 👇 https://lnkd.in/gx84S36w

Getting from A to B in Ho Chi Minh City just got easier! Mastercard concluded 2024 by launching Tap and Go technology across the city's public transport system. Now residents and visitors alike can use whatever is in their physical or digital wallet to make simple and secure payments to access frictionless transit. It's as simple as Tap, Go, Ride 🚊 #urbanmobility #innovation

We conclude the week with a dispatch from CES where Mastercard's Mohamed AbouElEnin took the stage to discuss the importance of partnership and intentional innovation to create scale for connected vehicles. The driver experience must be at the center of the innovation journey to ensure a simple user experience. Mastercard's payment principles enable us to meet partners where they are and deliver value across the urban mobility ecosystem. Be sure to watch this space in 2025! 🚘 #CES2025 #conncectedcarcommerce #urbanmobility

How will Finance Ministries tackle Efficiency Challenges in 2025? Check out the second part of a five-part report from the Global Government Forum Finance Summit below. 👇 This instalment focuses on innovative ways being used to enhance civil service productivity including leveraging data. Commenting on this subject during the summit, Simon Wright-Lakin, Mastercard’s Vice President of Public Sector Europe Solutions and Outreach shared his experience of working with government partners: “There’s been a shift towards more evidence-based policymaking, with governments using financial data to forecast and track policy impacts.”  An approach which is enabling governments to be more targeted and to drive productivity from the outset. 📖 Read more about how data is being used by governments to drive efficiency. 

New Year, New Challenges for Treasuries and Finance Ministries Globally 🌍 Over the coming weeks we’ll share a five-part report from Global Government Forum which provides insight into the thoughts of finance leaders from across the civil service who met in Dublin last year to debate the challenges and opportunities ahead. Mastercard for Government is proud to have been part of these discussions as a knowledge partner and believe that as we transition into the new year, the insights gleaned can add real value about to the structural challenges that treasuries and finance ministries worldwide will need to navigate in 2025. To kick us off, 📖 read John McCarthy, Ireland’s Chief Economist’s, thoughts on the four pivotal forces reshaping our economic terrain: Demographic change, Deglobalization, Decarbonization, and Digitalization.

Headed to CES this week in Las Vegas? Don't miss product architect Mohamed AbouElEnin take the stage tomorrow to dicuss the latest in in-vehicle payments innovation 🚗. Mastercard is focused on creating frictionless payments across the entire car commerce ecosystem. Our goal is to create an open marketplace inclusive of a wide range of merchants (tolling, parking, EV charging, fueling, and dining), that enables partners to innovate and scale services and efficiencies to consumers. #urbanmobility #invehiclepayments #CES2025

Reflecting on our Urban Mobility Journey 🗺️ 🏎️ START YOUR ENGINES – in 2023 we partnered with the Netherlands as it became the first country to launch a contactless transit payments system nationwide 🚇 ALL ABOARD – in 2024 we opened the doors of our global Urban Mobility Innovation Hub in Amsterdam 🚲 to drive the future of urban transportation and foster collaboration 🎫 GET YOUR TICKET TO RIDE – in 2025 join us on our journey around the globe 🧭 to make urban mobility effortless and accessible across all modes of transport with ‘tap and go’ 💳