Mastercard and PayPal expand Instant Transfer feature into Singapore and Europe

Friday 29 November 2019 01:08 CET | News

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.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: MasterCard, PayPal, instant payments, Instant Transfer
Categories: Payments & Commerce
Countries: Europe, Singapore
This article is part of category

Payments & Commerce

Industry Events