How the Pieces of Mastercard's 'Multirail' Strategy Are Starting to Fit Together – Digital Transactions
April 29, 2021 You wouldn’t always know it, listening to the top executives at Visa and Mastercard, but these two rival networks are still chiefly card networks. Thursday morning, Mastercard Inc. laid out for equity analysts an update on what it has called its “multirail strategy,” major moves into account-to-account money transfers, real-time payments, open banking, and cryptocurrency processing. The strategy has paid off during the pandemic, the company said, as pressure built on payments companies to get government relief funds into the hands of hard-pressed citizens, a move that ...
Source: digitaltransactions.net