Mastercard (MA) Ties Up to Boost Africa's Cross-Border Payments

Mastercard Incorporated (MA) recently teamed up with the Nigeria-based multinational bank, Access Bank Group, to unveil an innovative cross-border money movement solution for enabling hassle-free cross-border payments to and from 150-plus African markets. The solution was made available for use from the very day of the collaboration announcement and further expansion plans across the continent remain in place. Its shares gained 0.3% on May 10.The solution is built through utilizing the multiple complementar ...