Mastercard Send ecosystem
Information about each of the participants' roles in a Mastercard Send transaction as it flows from Sender to Transaction Originator to Sponsor Bank to Transaction Receiver and through to the Receiver.
A bank that sponsors network activity and settles with networks and Transaction Originators.
The card issuers that receive transaction data from Mastercard or the debit networks and post payment transactions to cardholders' accounts.
Either consumers or small businesses, Receivers are the cardholders who ultimately receive the funds sent through a Mastercard Send transaction.
A consumer who initiates a P2P payment. Senders are only involved in the transaction flow for P2P transactions and are not a party to disbursement transactions.
A Transaction Originator (disburser or P2P provider) is the business, government or non-profit organization that offers the Mastercard Send program to consumers.
Safety and security
To promote the safety of the Mastercard Send network, all stakeholders perform certain levels of validation to mitigate fraud and promote a safe, secure payment experience for consumers.
In addition, Mastercard performs a rigorous due diligence process to validate that a participant is duly authorized to perform the specific transaction type. Mastercard, the sponsor bank (if applicable) and the debit networks review background information on the organization and compliance programs as well as other relevant information to help ensure that transactions are safe.
How Transaction Receivers can reduce high-risk transactions
Mastercard Send operates on a model where Transaction Receivers can post funds quickly. P2P Transaction Originators are required to screen Senders and Receivers prior to initiating payment transactions to reduce high-risk transactions.
Additionally, disbursement Transaction Originators are required to screen the Receiver of the transaction prior to initiating payment transactions.
Transaction Receivers can mitigate further risk by imposing dollar amount and transaction limits to comply with internal controls.
1 Depending on receiving financial institution
Mastercard does not transmit funds. All funds are transmitted by the licensed financial insitution for whom we provide data processing services.