Core Insights - Mastercard has signed a Memorandum of Understanding (MoU) with the Central Bank of Syria to develop a national payments ecosystem in Syria [1][2] - The collaboration aims to expand financial services for millions of Syrians, focusing on knowledge-sharing and expertise exchange [2][3] - The partnership will include technical workshops, training programs, and initiatives to enhance financial inclusion and payment infrastructure [2][3] Company Strategy - Adam Jones, division president of Mastercard, emphasized the importance of partnerships and local engagement in building inclusive financial ecosystems [3] - The collaboration seeks to create a payments system that benefits both local citizens and international travelers, highlighting the market potential in Syria [3] - Mastercard plans to explore integration opportunities between Syrian banks and other financial institutions, aligning with global best practices [3]