MasterCard Send enables disbursers such as businesses, governments and nonprofits to send funds to and from any U.S. debit card account including non-MasterCard debit cards within seconds*.
By distributing funds electronically, disbursers can reduce administrative expenses associated with check and ACH payments.
Disburser benefits
- Send funds to virtually any existing U.S. debit card account within seconds*
- Achieve a competitive advantage by disbursing funds to consumers more quickly
- Provide a better consumer experience
- Reduce paper check processing costs
- Reduce customer abandonment associated with micro-deposit ACH tests
- Realize efficiencies in the escheatment process
Consumer benefits
- Receive funds directly into an existing bank account within seconds*, simply by providing the debit card number associated with the account
- No need to wait for mail, or for the check to clear
- Receive funds without tracking down routing or account numbers
* Depending on receiving financial institution
