🔠astercard signs partnership to Alipay🇨🇳

🔠astercard signs partnership to Alipay🇨🇳

Alibaba Group remains a coveted piece not only for payments, but also among traditional acquirers: Mastercard has announced the expansion of its cross-border payment solutions through a partnership with Alipay.

👉 The integration is aimed at fintech and corporate cardholders and is part of Mastercard Move, a portfolio for international money transfers operating in over 180 markets.

👉 The link to the Chinese wallet enables payments in nearly real time.

👉 Representatives of the network emphasized that China is currently one of the largest recipients of international money transfers in the world.

👉 Previously, Mastercard published "Borderless Payments", a research in which 68% of consumers confirmed that the most important aspect for them is the speed of the transaction, along with integrated confirmation of fund availability for payment.

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