Mastercard’s Online Remittance Solutions supporting remitters, in Response to COVID-19 – ZAWYA

  • Date: 12-Jul-2020
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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Mastercard’s Online Remittance Solutions supporting remitters, in Response to COVID-19 – ZAWYA

Mastercard's Online Remittance Solutions supporting remitters, in Response to COVID-19 | ZAWYA MENA Edition HomeArticleMastercard's Online Remittance Solutions supporting remitters, in Response to COVID-19 Payments leader enables secure, convenient and fast online payment methods to alleviate the challenges posed by the pandemic in the MENA region    Dubai, UAE: As the world is witnessing an unprecedented lockdown in recent times as a result of the COVID-19 pandemic, Mastercard has been enabling people in the MENA region to go online to transfer money faster and more securely than previously possible.With Mastercard Cross-Border Services, financial service providers can seamlessly process digital payments leveraging its global network through a single connection. Furthermore, these cross-border payments can reach almost anywhere in the world with certainty and predictability, and without back-end charges. Mastercard's platform plays a key role in improving world-wide connectivity, by providing new and enhanced innovation across the global digital ecosystem.With countries adapting to the new normal, advanced digital banking services have become more important than ever, as social distancing is still encouraged across several countries in the MEA region. There is an increased need to modernize traditional payment services to ensure that consumers are able to send money safely and with speed.With