Mastercard and PayPal have announced the extension of their Instant Transfer feature to Singapore and multiple markets in Europe.
This service will allow PayPal users to transfer their account balances to eligible Mastercard cards, typically within seconds. Mastercard has been offering this service along with PayPal since 2017.
Mastercard Send is the global payment network’s entry into real-time pyersonal payments. It has partnered with banks, businesses and digital wallets to deliver money to bank accounts, prepaid debit cards, mobile wallets and select cashout locations.
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