Citi and mastercard join forces to transform global cross-border payments

New york--(business wire)--today, citi (nyse: c) and mastercard (nyse: ma) announced a collaboration to offer cross-border payments to mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. leveraging citi's worldlink® payment services and mastercard move's money transfer capabilities, citi clients can make near-instant, full-value payments, with near 24/7 availability to consumers using their mastercard debit card details. citi is the first global bank.
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