MasterCard And Stripe Teams Up

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MasterCard Send in use. Photo: MasterCard.

Credit card is the new standard for payments and one of the leaders in payment technology is Stripe. Stripe is used as a payment gateway on many online retailers and apps all over the world.

Today, Mastercard and Stripe announced that Mastercard Send is speeding payments for U.S. sellers on Stripe marketplaces using the instant payouts feature from Stripe. Getting paid as a caregiver, dog walker or hairstylist just became a lot faster and more convenient. Mastercard Send is a first-of-its-kind service that enables people and businesses to send and receive funds quickly and securely.

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“Mastercard Send addresses the need in today’s digital world to enable consumers, businesses, governments and more to send money instantly and securely, through a robust platform that joins all U.S debit card accounts with one connection,” said Sherri Haymond, executive vice president, Digital Partnerships, Mastercard.

 

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