Mastercard said Tuesday (July 9) that it has closed on its previously announced acquisition of Transfast, a deal the payments giant said will strengthen its global presence, especially in cross-border payments. In a press release, Mastercard said the deal, which had been announced in March,...
July 12, 2019
Mastercard’s acquisition of Transfast is a done deal. What’s next? Stephen Grainger, executive vice president of Mastercard, tells Karen Webster that the deal addresses pain points in cross border transactions for SMBs and consumers — and leverages Transfast’s moorings in the traditional remittance model to new offerings in the digital payments age.
July 09, 2019
Mastercard said Tuesday (July 9) that it has closed on its previously announced acquisition of Transfast, a deal the payments giant said will strengthen its global presence, especially in cross-border payments. In a press release, Mastercard said the deal, which had been announced in March, will enable partner banks to service cross-border transactions spanning corporate, […]