PaidBy Partners with Mastercard to Expand Cross-Border Account-to-Account Payments
Payments platform PaidBy and Mastercard formed a strategic partnership to optimize cross-border transactions through account-to-account (A2A) payment technology.
What are the key facts?
- 1Partners: PaidBy (Xryma Plc) and Mastercard
- 2Goal: Expand cross-border account-to-account (A2A) payments
- 3Date: June 4, 2026
What happened?
PaidBy, a platform operated by Xryma Plc, entered into a strategic partnership with Mastercard to use Mastercard’s network scale to expand cross-border account-to-account payments and simplify fund flows in global e-commerce transactions. The partnership is expected to significantly improve cross-border transaction processing speed and provide sellers with a better cash-flow experience.
What does this mean for cross-border sellers?
More diverse cross-border payment methods can help reduce transaction costs and improve conversion. Monitor payment innovations and optimize the store checkout experience to improve customer satisfaction and repeat purchases.