First Data and Mastercard Partner on Digital Disbursements
First Data and Mastercard have announced they have joined forces, enabling First Data to provide a digital disbursement platform to Mastercard’s business customers. First Data’s Disburse-to-Debit solution will be available to Mastercard customers that leverage MoneySend to push real-time payments to debit card holders.
First Data’s Disburse-to-Debit solution is designed to provide a gateway for digital payments. The solution employs a single connection for domestic and international debit networks.