Mastercard Send

Mastercard push payments cross-border platform.

Definition

Mastercard Send routes to Mastercard, Visa cards, bank accounts (via local ACH), wallets (via partners). REST API + direct connections to acquirers. Use cases: insurance payouts, gig economy worker payouts (Uber, Lyft), remittances, marketplace seller payouts.

Origin

Mastercard Inc., launched 2015, extended cross-border in 2017, Earthport integration 2019 ($300M).

Usage

Insurance claims payouts (USAA, Allstate), gig economy (Uber driver instant payouts), Western Union x Mastercard remittance partnership.

Related terms

• Visa Direct — concurrent direct.
• Push payment — catégorie.
• Earthport — acquisition rail cross-border.