Payfare, who powers digital banking and instant payout solutions for on-demand platforms, will leverage Mastercard’s full-service disbursements and person-to-person platform to further its mission in supporting financial inclusion for all gig workers and offer a differentiated payment experience.
With Mastercard Send, Payfare can send gig worker earnings payouts to virtually all consumer and small business debit cards in the United States and other countries. Gig workers will also be able to send domestic and international money transfers in the Payfare-powered digital banking apps.
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