Mastercard Send Cross Border

Helping banks modernize their cross-border services so they can deliver faster, cheaper and more transparent international wire services to consumers and businesses

Benefits for banks

Global network and trusted intermediary

Mastercard Send Cross Border provides reach to nearly 100 countries and to diverse channels including bank accounts, cards, mobile wallets and cash-out locations. This service is backed by the Mastercard network, which features robust capabilities and enhanced security through a single connection. 

Improved customer experience

Through this service, the banks' customers - consumers and businesses - gain greater transparency, enhanced security and convenience as well as faster transfer of funds.

End-to-end compliance

Mastercard ensures end-to-end compliance including customer due diligence, sanction screening and AML (anti-money laundering) capabilities.

Streamlined procurement and legal

Banks do not need to sign and maintain contracts with multiple entities, saving time and costs.

Simplified settlement

Mastercard provides an integrated, streamlined settlement gateway for all payments regardless of destination or distribution channel, which helps banks avoid correspondent banking relationships.

Pricing control

Mastercard Send Cross Border provides banks with greater control of branding and pricing, so you can choose to pass on the savings to your customers or retain the money to benefit from a higher margin.

 

 

Domestic P2P

Facilitating easy and secure payments between people in the same country

Disbursements

Facilitating the sending of funds by a business or government to virtually all U.S. debit cards

*Mastercard Send provides a secure data transfer service that facilitates funds transfers by its partner banks. Mastercard Send does not receive funds for transmission or transmit funds.