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WE ARE REIMAGINING HOW INTERNATIONAL PAYMENTS SHOULD WORK FOR SMES: SIMPLY, SECURELY AND ADAPTED TO THEIR REALITIES.

SMEs. Its solution, Mastercard Move, is a portfolio of money movement capabilities designed to make international payments faster, cheaper and more transparent.

Key benefits include cost efficiency through reducing intermediaries and eliminating hidden fees; transparency with real-time traceability of costs and delivery times; and speed, enabling same-day or even realtime settlements in more than 150 markets.

Walter Pimenta, Executive Vice President, Commercial and New Payment Flows at Mastercard for LAC, said:“ Small- and medium-sized businesses are the silent engine of Latin America. They innovate, generate employment and keep our economies alive. To reach their true potential they need more than resilience: they need a financial infrastructure that accompanies them on their global journey.”

He added:“ We are reimagining how international payments should work for SMEs: simply, securely and adapted to their realities. With Mastercard Move, we help banks lead this transformation, providing them with tools to offer comprehensive solutions that impact where it matters most: liquidity, agility and trust. Today’ s SMEs are tomorrow’ s multinationals. And together we can build the infrastructure they deserve.”

Lessons from FinTechs: The digital-first blueprint

FinTechs have already shown that cross-border payments can be handled differently. Their platforms focus on intuitive interfaces, instant currency conversion at competitive rates and

26 Intelligent SME. tech