09 December 2022

Mastercard partners with Paysend for cross-border transactions

Written By FinTech Alliance

Mastercard partners with Paysend for cross-border transactions

Mastercard and Paysend have announced a new partnership to improve the cross-border payments experience. 

In Brief: 

The companies aim to improve cross-border payments across “dozens” of markets. 

Paysend will be able to expand the number of companies it reaches for payments via any card, through Mastercard’s Cross-Border Services solutions. 

Ukraine will be the first country to benefit from the payment option. 

What does this mean? 

Paysend and Mastercard allow for near real-time cross border payments which are now live in Ukraine, and aim to make transactions easier not just for individuals but businesses too. 

Read more here. 

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