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Home What are MasterCard cross-border services?
05 Nov 2022 By PAYCEC
Mastercard cross-border services are to connect financial institutions to more than 100 endpoints in almost 100 countries, with more on the way. The Mastercard network accepts a variety of delivery methods, including bank accounts, mobile wallets, cash-out locations, and cards, as well as payment kinds, including B2B, B2P, P2P, and P2B.
Mastercard's cross-border model is a fast, transparent, and cost-saving solution.
- Global network security
Reach 90% of the global population through several endpoints such as bank accounts, cash-out terminals, mobile wallets, and cards. The service is supported by the Mastercard network, which provides powerful capabilities as well as better security via a single connection.
- Transparency
Banks, digital partners, and non-banking financial institutions, as well as their clients, benefit from upfront clarity regarding fees, foreign exchange rates, and delivery timeliness, as well as real-time visibility into payment status. Most end locations receive delivery in near real-time or on the same day.
- Network stability and resilience
Mastercard has a network of local delivery partners that deliver payments on our behalf, eliminating administration and liquidity constraints.
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