This application which illustrates capabilities of Mastercard Send Cross-Border B2B product. There is no real transaction processing through this application.
Mastercard Send Cross-Border a multi-channel solution allowing partners to offer consumers safe and fast cross-border person-to-person money transfers. Remittance service providers achieve greater interoperability, improve cost efficiencies and can access multi-channel send services. Partners are not limited to financial institutions, payment service providers, money transfer operators and mobile network operators.
Partner Benefits: · Attract new customers · Enhance customer relationships · Generate new revenue streams from remittance offering and follow-on spend · Maintain control of consumer pricing and branding · Obtain access to multiple players in the remittance ecosystem · Realize cost efficiencies by managing a single commercial agreement with Mastercard
Consumer Benefits · Receive funds fast and secure · Multiple channels for sending and receiving funds (online, mobile, ATM, cash agent) · Flexible payment options (cash, bank account, card, mobile wallet) · Enjoy transparent pricing