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Mastercard Join Forces With TerraPay To Equip Its Wallet Partners Including Mobile Money Wallets, Fintechs, And Banks, With Latest Digital Payment Capabilities

Benzinga·12/11/2025 13:00:59
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  • TerraPay will enable faster go-to-market and launch via its global payment interoperability platform Xend

DUBAI, UAE, Dec. 11, 2025 /PRNewswire/ -- Mastercard has joined forces with TerraPay, a global money movement company, to equip its wallet partners including mobile money wallets, fintechs, and banks, with the latest digital payment capabilities.

Through this collaboration, wallet customers will be able to transact seamlessly at more than 150 million Mastercard acceptance locations worldwide using NFC payment, while wallet providers will benefit from the advanced infrastructure and technology jointly delivered by both organizations. TerraPay will also enable faster go-to-market and simplified launch processes through Xend, its newly introduced global payment interoperability platform.