Thu.Sep 17, 2020

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Flywire, Mastercard Team On Cross-Border Tuition Payments

PYMNTS

Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release emailed to PYMNTS. Students will be able to use their own currencies to pay through Mastercard credit or debit cards.

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Mastercard Commits $500M To Boost Black Communities, Businesses

PYMNTS

Mastercard said it will invest $500 million in Black communities across the U.S. The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release. We can and must do better.

Community 282
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Pay.UK's Answer Pay And Mastercard Execute Successful First Transaction

PYMNTS

British payments firm Pay.UK's Answer Pay service and new enrollee Mastercard have successfully completed their first post-testing transaction involving Answer Pay's "Request to Pay" service, Answer Pay announced on Thursday (Sept.

Payments 187
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Combined Value Of Visa, PayPal, Square And Mastercard Crests $1T

PYMNTS

Between Square , Visa , PayPal and Mastercard , the valuation is currently sitting at $1.07 The biggest FinTech companies have been rising in valuation faster than the largest banks, seeing a total of more than $1 trillion now, according to CNBC. trillion, against the “big six” banks — J.P.

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Today In Payments Around The World: Delivery Hero Buys Glovo’s LATAM Operations; Telefónica Teams With Rakuten For OpenRAN

PYMNTS

Flywire, Mastercard Team On Cross-Border Tuition Payments. Flywire will work with Mastercard to offer discounted foreign exchange rates for educational international tuition payments. Students will have the capacity to use their own currencies for payments via Mastercard debit or credit cards.

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Answer Pay and Mastercard complete the first live Request to Pay transactions

The Paypers

Answer Pay and Mastercard have completed the first live Request to Pay transactions in the UK.

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GameStop Collaborates With QuadPay For BNPL

PYMNTS

In separate news, QuadPay recently teamed with Mastercard Vyze to provide a new installment-based payment infrastructure. “We are thrilled to be partnering with GameStop as they look to provide their customers with a simple and flexible way to pay over time both online and at the point of sale inside their more than 3,300 U.S.

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