Worldwide fintech In order to better serve Your clients, SUNRATE announces the successful integration of Mastercard’s cross-border services into its worldwide intelligent payment and treasury management platform. The most recent growth of the ongoing global partnership between the two businesses is the integration of Mastercard’s cross-border services. In 2020, SUNRATE joined Mastercard as a Principal Member, gaining direct access to the company’s resources and the world’s largest payments network.
Mastercard’s cross-border services enable companies to send and receive money safely and securely through a single, secure access point. Customers of SUNRATE now now transfer funds to five specific Asian nations, including Thailand, the Philippines, Malaysia, Vietnam, and China.
“In particular for emerging markets, we see SUNRATE as the treasury and B2B payment management platform of choice. Therefore, our clients are particularly thrilled about the freedom provided by Mastercard’s cross-border services, such as the opportunity to make cross-border payments to the most well-known and developing markets in the world. Our partnership with Mastercard will enable our customers to concentrate on their scaling processes’ most crucial tasks, such localization initiatives and maybe creating new revenue streams for their companies “said Qincheng Wang, SUNRATE’s product director.
Mastercard Hong Kong and Macau’s managing director, Helena Chen, stated, “Through its cross-border service solution, Mastercard is happy to expand its partnership with SUNRATE, enhancing its remittance service in a quicker, safer, more transparent, and cost-effective manner. 90% of the world’s population and more than 100 markets are served by Mastercard’s cross-border services, and this cooperation will keep growing in the aim of enhancing this service for businesses.”

Source: Prnewswire