Mastercard (MA) has launched an innovative solution, Mastercard Move Commercial Payments, which aims to empower banks to streamline cross-border commercial transactions, offering near real-time processing with enhanced predictability and transparency.
This new product facilitates round-the-clock, near-instantaneous payments, enabling banks to revolutionize corporate trade transactions and improve treasury flows both within and between companies where working capital efficiency is crucial.
Mastercard Move Commercial Payments also provides adaptable settlement options, allowing banks to optimize their liquidity management without impacting foreign exchange and deposit-linked revenues. Furthermore, it features a multilateral arrangement designed to minimize counterparty risk and ensure reliable, near real-time transaction clearing from start to finish.
