PaidBy Partners with Mastercard to Accelerate Cross-Border Account-to-Account Payments
PaidBy has announced a strategic partnership with Mastercard aimed at promoting the global adoption of cross-border account-to-account (A2A) payments through open banking technology. This partnership will allow consumers to pay using local currencies while providing merchants with simplified cross-border settlement and reconciliation services.
重要な事実は何ですか？
- 1PaidBy and Mastercard establish strategic partnership
- 2Aiming to promote open banking-driven A2A payments
- 3Supports cross-border merchants' local currency settlements
何が起きたのですか？
PaidBy is partnering with Mastercard to leverage Mastercard's global network and PaidBy's orchestration infrastructure to address the fragmentation of cross-border payments. The model supports merchants receiving settlement payments in local currency across different markets, with next-day payment settlement, enhancing the operational efficiency of cross-border e-commerce.
越境ECセラーにとって何を意味しますか？
As A2A payments become more common in cross-border e-commerce, sellers can expect to benefit from lower fees and faster settlement experiences. It is advisable to look for opportunities to integrate with relevant payment channels.