PSFE - Mastercard and Paysafe boost collaboration with integration of Mastercard Send

Mastercard (NYSE:MA) and Paysafe (NYSE:PSFE) report on Tuesday the integration of Mastercard Send into Paysafe’s payments platform, enhancing the payout capabilities offered to Paysafe’s merchant customers in the UK and EU. It is the latest extension of the ongoing global relationship between the two companies which supports multiple Paysafe products and services. Mastercard Send enables people and organisations to send and receive money around the world in near real-time. The integration also supports merchants who have experienced changing consumer payment preferences since the beginning of the pandemic. Through the alliance, merchants will also be provided with automatic reconciliations plus transaction data along with customisable reports.

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Mastercard and Paysafe boost collaboration with integration of Mastercard Send