Centiglobe and Mastercard Move team up to unlock near real-time cross-border payments for consumers and businesses
- Pia-Lena Moller
- 1 day ago
- 3 min read
Centiglobe’s integration with Mastercard Move offers banks and payment service providers more choice in how they facilitate cross-border payments.
The collaboration will greatly reduce integration time and work for banks and payment service providers and enable them to scale their cross-border payment operations more efficiently.
Stockholm, April 1, 2025 – Centiglobe, a leading fintech company specializing in cross-border payment infrastructure solutions, today announces a new collaboration with Mastercard Move – Mastercard’s portfolio of global money movement solutions. With this collaboration, Mastercard Move will be available to members of Centiglobe’s blockchain-based payments platform – regulated banks and payment service providers – through a single integration.
“By integrating with Mastercard Move, we are enabling our members and their customers to expand their reach and access to global payments while jointly working with Mastercard to drive new growth opportunities. By leveraging our collaboration, a local payment provider can for example facilitate an international payment in near real-time without additional integrations” says Petter Sandgren, CEO of Centiglobe.
By integrating with Mastercard Move through Centiglobe’s payments platform, banks and payment service providers gain access to a broad range of money movement options, enabling them to scale their cross-border payment operations efficiently.
“At Mastercard, we are committed to enabling fast, secure and accessible cross-border transactions for businesses and people,” said Pratik Khowala, Global Head of Transfer Solutions, Mastercard. “Our collaboration with Centiglobe provides a broader range of banks and payment service providers with seamless access to Mastercard Move, thereby extending the benefits of enhanced payment connectivity to even more businesses and consumers around the world."
Mastercard Move provides direct disbursers, banks, non-bank financial institutions, and their customers with fast, secure money transfer solutions, both domestically and internationally. The portfolio of solutions reaches more than 180 countries and 150+ currencies, with access to more than 95% of the world’s banked population.
Centiglobe’s mission is to reshape global payments with faster, more secure, and accessible cross-border transactions. With Centiglobe’s blockchain based platform powered by tokenized deposits, financial institutions can unlock new revenue streams, optimize liquidity management, minimize transaction costs, and reduce counterparty risk. Unlike traditional cross-border payment models, Centiglobe does not charge per transaction. Instead, it offers a scalable platform with a fixed cost based on transaction volume, making it particularly advantageous for businesses and financial institutions with high transaction flows.
For further information, please contact: Petter Sandgren, CEO Centiglobe Email: petter.sandgren@centiglobe.com
About Centiglobe Centiglobe is a Swedish fintech innovating global payments through its smart cross-border payment solutions. Using advanced blockchain technology and tokenized deposits for two-way payments, Centiglobe's solutions offer regulated banks and payment service providers the capability to capitalize on new revenue streams by enabling instant, secure, predictable, and cost-efficient global payments without intermediaries. Visit centiglobe.com for more information and follow us on LinkedIn.
About Mastercard Move
Mastercard Move is Mastercard’s portfolio of money movement capabilities powering a variety of payment experiences — from personal payments to disbursements to business payments. Mastercard Move reaches nearly 10 billion endpoints and gives access to an estimated 4.8 billion people, and more than 95% of the world’s banked population. It solves for a comprehensive range of money transfer experiences across payments and disbursements.
Mastercard Move may be offered by licensed subsidiaries of Mastercard International Inc. For more information about these licenses, visit https://b2b.mastercard.com/cross-border-services/legal/.
