TransferGo, Mastercard enable European customers to make secure cross-border payments

Monday 7 December 2020 11:54 CET | News

TransferGo and Mastercard have partnered to enable customers across 20 European countries to make international money transfers directly to a Mastercard debit or credit card.

According to the press release, by leveraging Mastercard Send, TransferGo customers can transfer money in real-time to Mastercard card holders in 20 countries: Austria, Bulgaria, Czech Republic, Denmark, Estonia, Germany, Greece, Hungary, Latvia, Lithuania, Poland, Portugal, Romania, Russian Federation, Slovakia, Spain, Sweden, Turkey, Ukraine, and the UK.  The payment can be made from any card or bank account directly to a Mastercard card in those countries, thus giving people more choice in how they want to pay and get paid. 

Mastercard Send enables secure, secure, near real-time payment transfers to and from billions of card, bank, and digital accounts around the world, and is part of Mastercard’s multi rail proposition, which enables people and organisations to send and receive money how, where and when they choose. 

Furthermore, thanks to this offering, customers who want to make international transfers will be able to benefit from the highest security standards provided both by Mastercard and TransferGo. As a licensed authorised payment institution in the UK, TransferGo is held to very strict security standards including keeping personal and financial information safe through modern security technology, including SSL encryption between its servers and the individuals browser. Meanwhile Mastercard’s  security tools and capabilities provide an additional layer of security for managing regulatory, financial, and fraud risks. 

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Keywords: TransferGo, MasterCard, business partnership, cards, Europe, international money transfers, cross-border payments, debit card, credit card
Categories: Payments & Commerce
Countries: Europe
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Payments & Commerce

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