Connect with us

    Hi, what are you looking for?

    News

    Mastercard Move and BCP Group Collaborate to Improve Cross-Border Payment Solutions – Ravenewsonline

    L-R: Soumia Fathallah, Head of Group Transaction Banking, BCP; Dimitrios Dosis, President of EEMEA region, Mastercard; Mohammed Kamal Mokdad,  General Manager, BCP & International; Jalil Sebti, General Manager, Commercial Banking, BCP; Mark Elliott, Division President, Africa, Mastercard; Mohamed Benomar: Country Manager, North Francophone Africa, Mastercard.

    In collaboration with Mastercard, the BCP Group will leverage Mastercard Move’s money movement capabilities to enhance cross-border payments for their corporate and individual clients.

    The collaboration aims to enable near instant, traceable, secure and cost-effective cross-border payments to and from the multiple markets where the BCP Group operates in Africa.

    The move reflects the shared vision of both organizations to provide inclusive and innovative financial solutions that optimize transfer operations while reducing transaction costs for end users.

    It also demonstrates the BCP Group’s strong commitment to addressing the needs of consumers and businesses in the region.

    Mr. Kamal Mokdad, General Manager of BCP & International, stated: “We are delighted to join forces with Mastercard to address the real needs of the populations in our various countries of presence in Africa.

    This collaboration marks a new milestone in the strategic relationship between the BCP Group and Mastercard; it demonstrates our commitment to providing superior payment services and driving innovation in the African banking sector.

    In addition to improving the customer experience, the new solutions offered will support the economic growth of our region by facilitating the exchange of international flows through simplified transfers at competitive prices.”

    “At Mastercard, we are committed to building a prosperous digital economy where everyone can thrive.

    “Our latest collaboration with BCP perfectly aligns with our mission to provide our customers with innovative payment solutions that meet the evolving needs of their consumer and business customers.

    “Together, we will work to develop a more connected and inclusive financial ecosystem by delivering funds with speed, transparency, and flexibility,” said Mr. Dimitrios Dosis, President of Eastern Europe, Middle East & Africa at Mastercard.

    Mastercard Move is Mastercard’s comprehensive portfolio of money movement solutions offering a range of domestic and international payment experiences, from personal payments to disbursements to business payments. Mastercard Move facilitates the transfer of funds to various endpoints in over 150 currencies across more than 180 countries.

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    The Enugu State Government has accused Olasijibomi Ogundele, CEO of Sujimoto Luxury Construction Limited, of defrauding the state of N5.7 billion paid for the...

    Tech

    Twenty Nigerian media professionals and digital creators are embarking on a week-long study trip to South Africa as part of the MTN Media Innovation...

    News

    China is expected to unveil what it claims is “the most powerful laser air defence system in the world” during a major military parade...

    Tech

    Moniepoint Microfinance Bank (MFB), Nigeria’s definitive and trusted business and personal banking platform, has launched its new brand campaign, “Made for Your Progress,” reaffirming...