Mastercard continues to make progress with real-time account to account transactions, according to a recent announcement from Paul Stoddart, president of New Payment Platforms at Mastercard.
“Today is a significant milestone as we continue to build out our multi-rail payment solutions beyond cards,” Stoddart said. “This acquisition brings top talent and innovative technology, enhancing our existing multi-rail propositions to enable greater access, choice, and flexibility in how people want to pay and get paid.”
I’m keeping a close eye on this change and how it impacts my clients. Stay tuned for more updates and details.