MasterCard® MoneySend ™
Delivering instant online authorization to
facilitate fast and reliable money transfers
Global remittances are a growing business Seize the remittance opportunity by $2002
and enormous opportunity. enhancing consumer choice. Average remittance
value per transaction
The flow of funds from migrant and expatriate workers MasterCard MoneySend is a remittance solution that
$456 billion1
back to their families is an important source of income allows participating customer financial institutions to
Estimated global
in many developing economies. In 2007, the World use the global network and card products of remittance opportunity
Bank recorded global person-to-person payments at MasterCard to facilitate domestic and cross-border by 2010
USD 318 billion and estimates it to grow to USD 456 remittances via ATM, Internet, branch and phone.
billion by 2010.1 Recipients often depend on remittances $18.3 billion1
Using MoneySend, MasterCard and Maestro® Estimated global
to cover day-to-day living expenses, support their
cardholders can quickly, easily and securely transfer remittance revenues
children studying overseas, provide an emergency
money to their families and friends in select countries by 2010
cushion or, in some cases, fund small investments.
Research tells us consumers are turned off by payment across Asia-Pacific and South Asia. The receiving 200+ million2
delays, limited sending and receiving options, high cardholder can access funds when making a Foreign workers
costs and a lack of transparency surrounding fees.2 purchase anywhere MasterCard or Maestro is worldwide
accepted or by withdrawing cash at an ATM that 2.5+ billion
At MasterCard, we understand there is a significant accepts MasterCard or Maestro. With MasterCard Estimated mobile
opportunity to enhance the well-being of families by MoneySend, we enable fast money transfers with phones globally
improving the remittance process. With an estimated our instant online authorization process. Money is
10 percent of money transfers made through typically available for the recipient within one to two
traditional banking channels,3 we’re introducing business days of the transaction.
MasterCard MoneySend, a competitive solution to help
financial institutions access new segments, improve 1
World Bank 2007.
operational efficiencies and capitalize on the growing 2
The Aite Group, Competing in Money Transfers: Market Overview,
March 2007.
remittance opportunity. 3
Remittances – Global Opportunities for International Person-to-
Person Money Transfers, Manuel Orozco, VRL November 2005.

MasterCard MoneySend offers fast, convenient,
reliable and safe money transfers.
With money transfers on the rise, MasterCard MoneySend provides a competitive solution that addresses many of the
deficiencies of current international remittance products. In today’s competitive environment, this innovative remittance
solution makes it possible for you and your cardholders to do the following:
Issuers Cardholders
• Enhance product offerings by delivering a differentiated • Offer convenience through multiple ways to send and
value proposition that reflects changing demographics receive money transfers (ATM, Internet, branch and phone)
• Access new customer segments • Deliver fast money transfers — transferred funds are
deposited directly into the recipient’s account for quick
• Improve operational efficiency with straight-through
access (typically 24 – 48 hours after transfer initiation)
processing of remittance transactions
• Provide ease of access to funds anytime at a
• Capture incremental revenue streams
participating ATM or by making a purchase at a retailer
• Offer multiple channels of origination for the sender and with the MasterCard or Maestro card that received the
recipient to access your service transferred funds
• Support both PIN and signature, where other methods • Ensure transparency to provide a complete
support only signature transactions understanding of full costs and fees through
the participating financial institutions
• Deliver instant online authorization and transfer
confirmation to communicate when funds will be • Deliver reliability through confirmed payments that are,
available to the recipient guaranteed to reach the recipient
• Process transactions individually to provide control and
certainty over the completion of the transaction
How It Works
The diagram below illustrates a typical transaction flow for MasterCard MoneySend.
Multiple Channels of Origination
Recipient
ATM Internet Branch Phone Recipient receives
Sender funds — can access
Sender initiates a money within 24– 48 hours.
transfer transaction via one Account
of the channels shown. Funded
Originating Receiving
Institution Institution
MasterCard
Access
Bank validates funds are Bank validates information and
available and debits sender’s account. posts funds to recipient’s account.
Capitalize on the remittance opportunity with
MasterCard MoneySend.
For more information on how you can participate, contact your
MasterCard Account Representative today.
©2008 MasterCard