Citi partners Mastercard to let firms send funds to consumer debit cards

Citi’s Treasury and Trade Solutions' Payment Exchange platform lets commercial clients make B2C transfers via their customers' preferred method. The bank has now integrated Mastercard Send, which reaches virtually all consumer and small business debit cards. This means people won’t need to receive a cheque in the mail, deposit a cheque, or share sensitive bank routing information to get access to their payment.
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