Mastercard Launches 'Move Commercial Payments' To Enhance Speed And Transparency In Cross-Border Banking Transactions
Portfolio Pulse from Benzinga Newsdesk
Mastercard has launched 'Move Commercial Payments' to enhance the speed and transparency of cross-border banking transactions. This service aims to provide near real-time commercial payments 24/7, improving efficiency in international transactions.
October 21, 2024 | 7:23 am
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Mastercard has launched a new service, 'Move Commercial Payments', to improve the speed and transparency of cross-border transactions. This could enhance Mastercard's competitive edge in the global payments market.
The launch of 'Move Commercial Payments' is a strategic move by Mastercard to enhance its service offerings in the cross-border payments sector. This could attract more business clients seeking efficient and transparent payment solutions, potentially increasing Mastercard's market share and revenue. The 24/7 availability of near real-time payments is a significant improvement, likely to be well-received by the market.
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