Post by Mastercard

The G20 roadmap set a clear ambition: make cross border payments fast, predictable and transparent. For Mastercard Move, we’re now seeing how that future can take shape at the infrastructure level. In a Eurosystem-led pilot in collaboration with Danmarks Nationalbank and Sveriges Riksbank, Mastercard Move demonstrated how cross-currency payments can be executed instantly and settled simultaneously in central bank money. This helps reduce settlement risk, improve liquidity management for payment providers, and deliver fast, predictable and transparent outcomes for end users. For banks and fintechs, this points to a more efficient model for global money movement. Through networks like Mastercard Move, they can access central bank infrastructure without the need to build and manage direct connectivity. For central banks, it shows how regulated non-bank providers can integrate directly with public infrastructure, helping expand access, strengthen oversight and support the safe evolution of instant payment systems. For Mastercard, this is a meaningful step forward in building direct connectivity to local payment infrastructures, bringing the G20 vision of fast, predictable and transparent cross-border payments for people and business closer to reality. Learn more: https://lnkd.in/gk29jcQn #CrossBorderPayments #InstantPayments #G20RoadMap #TIPS #MastercardMove