Fidelity bank partners Mastercard to enhance cross-border payment

In a bid to provide a solution that enhances cross-border payments and remittance in Nigeria and across Africa, Fidelity bank has partnered with Mastercard to launch Fidelity Send.

The strategic partnership powered by Masterclass cross-border service, will enable real-time fund transfer to over 60 countries via bank branches and digital platforms.

According to Mastercard this move helps solve the challenges in cross-border transactions by offering a secure and reliable cost-effective solution.

Making this known in a LinkedIn post by Folasade Femi-Lawal, Country Manager & Area Business Head, Mastercard the post read, “We are delighted to announce a strategic collaboration between Mastercard and Fidelity bank to launch Fidelity send, a transformative solution that enhance cross-border payments and remittance in Nigeria and across Africa.”“Powered by Mastercard cross-border services, Fidelity Send enables real-time fund transfers to over 60 countries via bank branches and digital platforms. This collaboration addresses key challenges in cross-border transactions by offering a secure, reliable, and cost-effective solution with lower fees, no landing fees, and guaranteed funds delivery.”

Together, we are committed to fostering a more inclusive digital economy, making cross-border payments simpler and more accessible for individuals and businesses alike, the post read. 

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