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Centiglobe and Mastercard Move Team Up to Unlock Near real-time cross-border Payments for Consumers and Businesses

Fintech Finance

Centiglobe , a leading fintech company specializing in cross-border payment infrastructure solutions, today announces a new collaboration with Mastercard Move – Mastercard’s portfolio of global money movement solutions. Unlike traditional cross-border payment models, Centiglobe does not charge per transaction.

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Centiglobe and Mastercard Move Partner Enhancing Payment Connectivity Across the World

The Fintech Times

Following a new partnership between Centiglobe , the cross-border payment infrastructure solutions provider, and Mastercard Move , Mastercard s portfolio of global money movement solutions, customers using Centiglobe’s blockchain-based payments platform will now be able to use Mastercard Move through a single integration.

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Mastercard to Offer Real Time Cross-Border Payments for Commercial Clients

Finovate

Mastercard launched Move Commercial Payments , a real-time cross-border payments solution that operates 24/7. The new commercial payments tool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks. with Lloyds Banking Group and UBS.

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FIs Look Inward For Faster Blockchain Deployment

PYMNTS

Further, the infrastructure removes the need for an intermediary, resulting in an overall more seamless process that can land cash where it needs to be in near real-time (if conducted within the operating window). Frazier offered the example of a U.S. client wishing to move $1 million from a U.S.