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MasterCard launches MasterCard Send P2P solution

Friday 22 May 2015 10:46 CET | News

MasterCard has launched MasterCard Send, a personal payments service that enables funds to be sent to consumers domestically and internationally.

Through a single connection to the MasterCard Send platform, businesses, merchants, governments, non-profits, issuers and other senders can send money to consumers whether they are banked or unbanked, and located domestically or abroad.

Now live in the US, MasterCard Send is designed to align with the needs outlined in the Federal Reserve’s initiative focused on enhancing the speed, security and efficiency of the US Payments System. This unique platform will enable disbursements and person-to-person (P2P) payments to and from virtually any US debit card account, including non-MasterCard debit cards.


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Keywords: MasterCard, online payments, payments general, P2P, money transfers, MasterCard Send
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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