Citi And Mastercard Join Forces To Transform Global Cross-Border Payments, Citi Is The First Global Bank To Enable Cross-Border Payments To Mastercard Debit Cards
Portfolio Pulse from Benzinga Newsdesk
Citi and Mastercard have partnered to enable cross-border payments to Mastercard debit cards in 14 markets, with plans for expansion. This collaboration uses Citi's WorldLink® Payment Services and Mastercard Move's capabilities for near-instant payments.
October 10, 2024 | 12:53 pm
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Citi partners with Mastercard to offer cross-border payments to Mastercard debit cards, enhancing its payment services and potentially increasing transaction volumes.
Citi's collaboration with Mastercard to enable cross-border payments to debit cards positions it as a leader in global payment solutions, likely increasing its transaction volumes and enhancing its service offerings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Mastercard collaborates with Citi to enable cross-border payments to its debit cards, potentially increasing its transaction volumes and enhancing its network's value.
Mastercard's partnership with Citi to facilitate cross-border payments to its debit cards enhances its network's value, likely increasing transaction volumes and strengthening its market position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90