Mastercard has combined its Move platform with Ericsson’s Fintech Platform to streamline cross-border transfers. Move supports transactions in 200 countries and connects more than 17 billion endpoints across 150 currencies, while Ericsson’s platform operates in 22 countries, serving over 120 million active users and processing four billion transactions each month.

The joint solution will debut in the Middle East and Africa, targeting telecom operators, banks and fintechs to extend digital wallet services and reach unbanked and underbanked communities. Pre-integrated APIs, cloud-native infrastructure and compliance-ready systems are designed to reduce implementation complexity and accelerate time-to-market.

Mastercard has also partnered with Cashfree Payments and Swiggy to introduce Cashfree Here, an in-chat payment extension for AI applications. The solution embeds UPI and passkey-based biometric card payments directly into conversational interfaces built on AI platforms, aiming to cut checkout drop-offs and simplify compliance for merchants integrating AI-driven customer journeys.