Mastercard has entered into a strategic partnership with the real-time payment solutions company, ProgressSoft, to ease the integration of Mastercard Cross-Border Services and accelerate cross-border remittances across the Middle East and North Africa. With Mastercard Cross-Border Services, financial service providers can seamlessly process digital payments leveraging its global network through a single connection. Furthermore, these cross-border payments can reach almost anywhere in the world with certainty and predictability, and without back-end charges. Through this partnership, Mastercard and ProgressSoft will help reduce the integration time by at least half. ProgressSoft’s Chief Executive Officer, Michael Wakileh said, “Partnering with Mastercard to facilitate the smooth integration of its Mastercard Cross-Border Services platform enables ProgressSoft to further realize its mission to simplify daily tasks in business and in life.

Source: The North Africa Journal December 14, 2021 19:47 UTC