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Vitesse leverages Mastercard Send to provide Pay-to-Card solution

Tuesday 14 December 2021 11:32 CET | News

UK-based payment-service provider Vitesse has started working with Mastercard for its Pay-to-Card solution, allowing insurers to pay claims directly to debit and credit cards.

Vitesse will utilise Mastercard Send, a solution that provides businesses and their customers with fast ways to send and receive money in real time, both domestic and internationally. This will allow insurers using the Pay-to-Card solution to pay claims directly to their customers’ debit and credit cards seamlessly and securely within half an hour.

Vitesse is contracted with over 60% of the London insurance market and is a provider of international payments and treasury management solutions for its extensive clientele, supporting in-country payments to over 170 countries and territories, supporting 109 currencies around the world.

The Vitesse Pay-to-Card solution leverages a wide range of connections into Visa Direct, Mastercard Send, Discover, and more, allowing insurers to provide a truly digital experience and build a stronger and longer relationship with their customers.


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Keywords: Mastercard, partnership, debit card, credit card, money transfer
Categories: Payments & Commerce
Companies:
Countries: United Kingdom
This article is part of category

Payments & Commerce






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