MasterCard launches new personal money transfer service (Infographic)

MasterCard has announced the launch of its new payment service, MasterCard Send. It will facilitate payment transactions across borders, p2p, as well as business and government disbursements.

“Through a single connection to the MasterCard Send platform, businesses, merchants, governments, non-profits, issuers and other senders can send money to consumers whether they are banked or unbanked, and located domestically or abroad,” MasterCard said on its website.

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