Sat.Sep 12, 2020 - Fri.Sep 18, 2020

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Flywire, Mastercard Team On Cross-Border Tuition Payments

PYMNTS

Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release emailed to PYMNTS. Students will be able to use their own currencies to pay through Mastercard credit or debit cards.

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Mastercard Commits $500M To Boost Black Communities, Businesses

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Mastercard said it will invest $500 million in Black communities across the U.S. The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release. We can and must do better.

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Mastercard Partners With Handpoint On SMB Payments Platform

PYMNTS

Mastercard said it has inked a deal with Cambridge, U.K.-based In a press release, Mastercard said the partnership will promote products offered by Handpoint, a payments platform provider, to SMBs in Bulgaria, Croatia, the Czech Republic, Italy, Slovakia and the U.K.

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Pay.UK's Answer Pay And Mastercard Execute Successful First Transaction

PYMNTS

British payments firm Pay.UK's Answer Pay service and new enrollee Mastercard have successfully completed their first post-testing transaction involving Answer Pay's "Request to Pay" service, Answer Pay announced on Thursday (Sept.

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Combined Value Of Visa, PayPal, Square And Mastercard Crests $1T

PYMNTS

Between Square , Visa , PayPal and Mastercard , the valuation is currently sitting at $1.07 The biggest FinTech companies have been rising in valuation faster than the largest banks, seeing a total of more than $1 trillion now, according to CNBC. trillion, against the “big six” banks — J.P.

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SBM Bank India Teams With Mastercard To Debut ‘Premium’ Debit Card

PYMNTS

SBM Bank India , the Mumbai-based lender, and Mastercard have introduced a premium debit card for high-net-worth customers. SBM and Mastercard did not detail the costs. In May, Mastercard vowed to connect one billion people and 50 micro-businesses to the digital economy within five years.

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Today In Payments Around The World: WorldRemit Introduces Tracking App; SBM Bank India Collaborates With Mastercard

PYMNTS

In today’s top news in payments around the world, WorldRemit has launched a WorldRemit Transfer Tracker mobile app, and SBM Bank India has introduced a premium debit card for high-net-worth clients with Mastercard. SBM Bank India Teams With Mastercard to Debut ‘Premium’ Debit Card. Plus, Standard Chartered and Amazon.ae

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