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Mastercard Unveils Game-Changing Cross-Border Payment Solution in China

At Sibos 2024 in Beijing, Mastercard introduced its latest innovation: Mastercard Move Commercial Payments. This industry-first solution is set to transform cross-border payments for banks, making transactions faster and more cost-effective. 💳🌐

Alan Marquard, Executive Vice-President of Transfer Solutions at Mastercard, highlighted the convenience and cost savings instant payments bring to the Chinese mainland's banking sector during an interview with CGTN. With this new payment solution, banks can enhance their services and better cater to their customers' needs. 🚀

Stay tuned as Mastercard continues to innovate and bridge the gap in global financial transactions!

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