Worldpay and Mastercard have partnered to simplify money transfers in the UAE by integrating Worldpay’s Push-to-Card solution with Mastercard Move for fast payment transactions. This collaboration will enable various services like local and international transactions, insurance claim settlements, and cryptocurrency processing.

Mastercard ensures security for these transactions, while Worldpay offers individuals and businesses a secure way to send and receive funds without disclosing bank account details. Merchants can fund payouts through existing transaction flows, and the Push-to-Card solution is available in regions like the UK, EU, US, and Australia.

Mastercard Move, used by dtcpay in Singapore, offers global money transfer solutions spanning over 200 countries and supporting more than 150 currencies. With a focus on speed, security, and convenience, Mastercard aims to cater to diverse customer bases and use cases, delivering seamless payment options in the UAE.

Read more at Yahoo Finance: Worldpay leverages Mastercard Move to ease money transfers in UAE