finance.yahoo.com

Mastercard Launches Wallet Pay to Link Local Wallets to Global Network

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Sig2.60Sen+4.29Env0.00Soc+0.96Gov0.00

Mastercard launched Mastercard Wallet Pay to connect regional digital wallets to its global payment network. The platform lets participating fintechs extend local wallets into international payments via compatibility across 200+ countries and 150 currencies. It also supports cross-border transfers and stored-value accounts, aiming to capture spending as wallet use grows from 4.3 billion users today.

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