WSFx Global Pay Partners with Mastercard Move for Payments

WSFx Global Pay Limited (GlobalPay) has announced a strategic partnership with Mastercard Move, Mastercard's global money movement capabilities. This collaboration aims to enhance GlobalPay's cross-border payments platform by integrating Mastercard Move's extensive network, which spans over 200 countries and territories and supports more than 150 currencies. The partnership will leverage GlobalPay's expertise in foreign exchange, regulatory compliance, and digital solutions in India, combined with Mastercard Move's global reach. The integration is planned to progressively facilitate eligible cross-border payments across various customer segments, including students, personal remittances, and eventually business and trade payments, subject to regulatory approvals. This initiative aligns with GlobalPay's strategy to expand its cross-border payment offerings with a focus on reach, speed, transparency, connectivity, and customer experience.