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Payments General

Mastercard and Florida Capital Bank deliver real-time disbursements

Thursday 12 July 2018 | 10:45 AM CET

Mastercard has teamed up with Florida Capital Bank to facilitate real-time disbursements of funds to branded debit cards in the US.

By integrating Mastercard Send, Florida Capital Bank corporate partners will be provided with a platform to send payments to cardholders through FLCB InstantMoney. The solution will enable instant push to card payments across networks and brands to ensure customers get the funds.

Mastercard Send, a platform that facilitates funds to be sent via debit networks, will allow Florida Capital Bank to provide corporate partners with immediate disbursements. For developers, Mastercard provides financial institutions with an API, one of more than 35 APIs available through the Mastercard Developers portal.

More: Link
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