This partnership empowers banks, fintechs, mobile money operators, and enterprises to streamline customer onboarding, minimize identity fraud, and broaden access to the financial ecosystem. By integrating Mastercard’s global expertise and identity technology—which allows customers to verify digital identity elements—with Smile ID’s robust data verification and fraud prevention solutions, businesses benefit from a unified approach to secure onboarding.

Mastercard customers—including banks, telecom providers, mobile money operators, and fintechs—will now have direct access to Smile ID’s sophisticated identity verification tools. Integrated within Mastercard’s digital platforms, these tools deliver:

• Instant, secure onboarding for users across African markets
• Advanced fraud detection and prevention, including protection against synthetic identity fraud
• Seamless compliance with KYC/AML regulations, both local and international
• Scalable solutions designed to support cross-border commerce and digital growth.