article thumbnail

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

Fintech Finance

By leveraging our collaboration, a local payment provider can for example facilitate an international payment in near real-time without additional integrations” says Petter Sandgren, CEO of Centiglobe. Unlike traditional cross-border payment models, Centiglobe does not charge per transaction.

article thumbnail

Centiglobe and Mastercard Move Partner Enhancing Payment Connectivity Across the World

The Fintech Times

Instead, it offers a scalable platform with a fixed cost based on transaction volume, making it particularly advantageous for businesses and financial institutions with high transaction flows. Unlike traditional cross-border payment models, Centiglobe does not charge per transaction.

Visa 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Kinexys by J.P. Morgan Flourishes in the MENA Region

Fintech Finance

trillion in transaction volume has been processed on the Kinexys platform[2], which processes on average more than $2 billion daily in transaction volume[3] and payments transactions on the Kinexys platform have grown by 10x year-over-year[4]. Since inception , over $1.5 Notably, Kinexys Digital Payments has integrated with J.P.

article thumbnail

Form3 Partners With Mastercard To Advance Real-Time Payments 

PYMNTS

By harnessing the power of cloud-based architecture, financial institutions will be able to “safely and securely handle significant payment processing volume in near-real time.” . He added that the tie-up with Mastercard will “make our global ambitions a reality.”

article thumbnail

Circle Goes Live with the Circle Payments Network

Finovate

With CPN’s compliance-first payments coordination protocol, financial institutions can exchange payment instructions securely while settling transactions on open, public blockchains in near-real-time. According to the World Bank, cross-border payments can take up to five days to settle and cost an average of 6.3%

article thumbnail

Mastercard and Leading Canadian Fintech VoPay Enter Strategic Partnership to Aid Money Movement for Canadians with Mastercard Move

Fintech Finance

Responding to the ever-growing need to move money seamlessly, Mastercard and VoPay today announced a strategic partnership that will offer choice, simplicity and efficiency for near-real-time money movement in Canada and internationally for businesses and consumers.

Visa 92
article thumbnail

Chargebacks Have a Bad Reputation for a Reason: Mastercard’s Reveals 45% in 2024 Were Fraudulent

The Fintech Times

The responses revealed that chargebacks have grown, as global volume predictions are now estimated to reach 324 million transactions in 2028, a double-digit increase over the 2025 forecast of 261 million. In the last year alone, merchants have seen a 10 per cent increase in chargebacks.