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.

Click to comment

Leave a Reply

Your email address will not be published.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

ad

You May Also Like

News

Honourable Minister of State for Defence, H. E. Dr. Bello Mohammed Matawalle, MON, has urged for increased collaboration and funding for the Defence sector...

Tech

Nigerian Communications Commission (NCC) has granted approval to Mobile Network Operators (MNOs) to disconnect Unstructured Supplementary Service Data (USSD) codes assigned to financial institutions...

Business

The naira continued its decline against the dollar at the official foreign exchange market on Monday, January 13. New data from FMDQ showed that...

Business

Nigeria’s inflation rate surged to 34.80 percent in December 2024 from 34.60 percent in November according to the latest Consumer Price Index and inflation...