Mastercard a New York-centred global technology organization in the payments industry. It aims at connecting and empowering an inclusive, digital economy that benefits everyone by making transactions simple, safe, smart, and accessible. Using partnerships, secure data and networks, and passion, our innovations and solutions help financial institutions, individuals, governments, and businesses understand their greatest potential.
Mastercard and Paysafe come together to announce the addition of Mastercard Send into the payments platform of Paysafe. This integration will boost the payout abilities of Paysafe’s vendors in the EU and UK. The integration of Mastercard Send is the newest extension to the current global relationship between the two organizations, which supports numerous Paysafe products and services.
Scott Abrahams, Senior Vice President of Business Development, United Kingdom and Ireland SIP, Mastercard, commented, “In a climate where the adoption of digital payments have grown exponentially, we’re committed to supporting businesses in their ability to send money internationally, quickly and securely. We value our ongoing relationship with Paysafe by offering Mastercard Send as part of the suite of payment solutions available via Paysafe’s single API connection.”
Paysafe Limited is a London-based leading specialized payments platform and its core purpose is to allow businesses and customers to connect and transact effortlessly through industry-leading abilities in a digital wallet, payment processing, and online cash solutions.
Paulette Rowe, CEO of Integrated and Ecommerce Solutions, Paysafe, stated, “Mastercard Send offers a truly fast and reliable outgoing fund settlement option, so we are pleased to offer this innovation to our merchants. As part of our customer-centric approach and deep expertise in specialized industries, we understand the pressures our merchants face in offering customer payouts at speed. By offering Mastercard Send, we are further enhancing the tailored approach which we provide to businesses internationally as well as delivering multiple methods of payment.”