Shortfacts - September 2021


Mastercard and Seeburger cooperate
Mastercard has announced the signing of an agreement with Seeburger. The aim is to offer individuals and businesses across Europe more choice, flexibility and control over a range of next generation real-time request-to-pay solutions, with an initial focus on bill-pay solutions.
The parties will combine Mastercard's request-to-pay based technology with Seeburger's Business Integration Suite, enabling businesses to transform their end-customer billing and collection process. Enhanced bill payment services will also open up additional revenue opportunities for financial institutions.
The agreement provides for a six-month pilot project to test the solution and bring it to market maturity.