For financial institutions, money transfer operators and merchants, MasterCard Send enables consumers to seamlessly send and receive funds domestically, typically within seconds*, to friends and family.
* Depending on receiving financial institution
For remittance service providers, MasterCard Send provides greater interoperability and improves cost efficiencies and access to multi-channel send and receive services. We partner with financial institutions, payment service providers, money transfer operators and mobile network operators to reach consumers globally.
For insurance companies, governments and e-marketplaces, MasterCard Send enables claims, social benefits and payouts to be sent to a consumer's bank account typically within seconds*, which means no more waiting to access vital funds.
Why use MasterCard Send?
The platform makes digital payments effortless and can integrate with services that millions already use. For businesses and governments, it can drive efficiencies and cost savings.
Is MasterCard Send safe?
MasterCard Send is safer than cash or checks in protecting users against fraud. The platform uses transaction limits and cross-border blocks to avert money laundering.
How fast are transfers?
Typically, the money is transferred within seconds. Consumers have 24/7/365 access to funds vs. several days for the processing of checks or ACH transfers.
Who can use MasterCard Send?
MasterCard Send reaches virtually all U.S. consumers with MasterCard debit cards and non-MasterCard debit cards. It also connects banked and unbanked recipients globally.