The HomeSend joint venture will be based on the current HomeSend platform, a remittance hub based on eServGlobal technology and developed as part of a strategic partnership between eServGlobal and BICS. By connecting the worldwide community of telecom partners and MTOs to the 24,000 financial institutions on the MasterCard network, the HomeSend joint venture is set to provide customers options for sending or receiving funds and enable cross-border remittance payments worldwide.
In recent news, MasterPass, MasterCard’s digital payment platform, has launched in Italy, to offer consumers a new way to shop online.
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