Tuesday 6th February, 2024
Mastercard and Pagero have announced the integration of Mastercard’s Cross-Border Services offering Pagero’s business customers access to fast, transparent, and convenient cross-border and domestic payments.
By integrating with Mastercard´s Cross-Border Services, Pagero will now support account-based cross-border and domestic payments, significantly scaling the connectivity of its payments offering to better align with the reach of its global network.
Businesses will benefit from upfront transparency around delivery timing, foreign exchange rates, costs as well as visibility into payment status in real-time. Payment delivery is near real-time or same day to most countries and currencies. The solution will be rolled out in a phased manner with more corridors and features available over time.
“Together, Mastercard and Pagero are making cross-border business-to-business payments digital, simple and accessible for businesses, enabling them to focus on growing their core business domestically and internationally”, says Danesh Etemadi, Chief Business Area Officer at Pagero.
“We are excited to partner with Pagero with our joint offering and help businesses thrive in the digital economy. By connecting Pagero’s platform to our global network their customers will get access to seamless cross-border and domestic payments underpinned by the reliability of the Mastercard network”, says Erik Gutwasser, Division President, Nordics and Baltics at Mastercard.