Live Breaking News & Updates on Farm Pass Momentum Accelerates With Bayer

Farm Pass Momentum Accelerates with Bayer, Rabo Partnerships & Mastercard Collaboration in India Two Million Smallholder Farmers Worldwide Now Connected to Mastercard's Agritech Platform SINGAPORE, Nov. 2, 2022 /PRNewswire/ Employing more than a quarter of the global workforce, agriculture accounts for 4% of global GDP[1], totaling nearly $4.5 trillion[2]. At the heart of this value chain are more than 608 million smallholder farmers who produce around a third of the world's food[3]. Yet despite agricultural development being one of the most powerful tools for ending extreme poverty[4], farming no longer guarantees a sustainable livelihood. In fact, 65% of poor working adults make a living through agriculture. To help tackle this problem, and as part of the company's global effort to drive financial and digital inclusion, today at the Singapore FinTech Festival, Mastercard announced that it would expand its Farm Pass digital platform across the Asia Pacific region, bu ....

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