Mastercard, Alipay Link Digital Wallets, Cross-Border Payments

Mastercard, Alipay Link Digital Wallets, Cross-Border Payments

Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets, which make international fund flows cheaper, faster and more convenient. Earlier this month, Mastercard announced a new connection with China’s Alipay, which enables bank, FinTech and corporate clients to offer …

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