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