With MasterCard MoneySend™, cardholders will be able to manage how, when and to whom they send their money – using the internet or their mobile phone to initiate person-to-person funds transfer. The service can be used for both overseas and domestic transfers and leverages the MasterCard network which, together with the Maestro debit brand, offers the most comprehensive network available for card-based P2P services in Europe. MasterCard MoneySend™ is a hosting service, which will be run by MasterCard with programme partners Magex and paybox.
The integrated Interactive-Voice-Response-solution (IVR) from paybox allows MasterCard– and Maestro-cardholders worldwide to transfer money from one card to another combined with a secure mobile authentication – anytime, anyplace.
