Infosys and Mastercard Team Up to Enhance Cross-Border Payment Solutions

Infosys Limited, a global information services company, has partnered with Mastercard to boost access to cross-border payment solutions. The partnership aims to provide end-to-end business solutions to address core banking, mobile banking, and e-banking needs of retail, corporate, and universal banks worldwide. The partnership will also focus on newer areas such as cloud computing, enterprise mobility, and sustainability. The company's net sales break down by market between finance, retail and logistics, manufacturing industry, and other sectors. Net sales are distributed geographically across India, North America, Europe, and other regions.

Infosys Limited, a global information services company, has partnered with Mastercard to enhance access to cross-border payment solutions. This strategic collaboration aims to provide end-to-end business solutions tailored to the core banking, mobile banking, and e-banking needs of retail, corporate, and universal banks worldwide. The partnership also extends to newer areas such as cloud computing, enterprise mobility, and sustainability.

The collaboration integrates Mastercard Move's cross-border payment capabilities into Infosys Finacle, enabling financial institutions to access global money movement services more efficiently. This integration aims to provide faster and more secure cross-border payment experiences for customers, thereby enhancing loyalty and improving overall financial experiences [1].

The partnership will allow financial institutions worldwide to adopt Mastercard's cross-border solutions in a fraction of the typical implementation time, thanks to Infosys' Finacle platform serving as the integration layer. This effectively positions Infosys as a key enabler for banks looking to scale real-time international money transfers [3].

Mastercard Move supports transfers in over 200 countries and 150 currencies, covering more than 95 percent of the world’s banked population. By integrating Finacle, Infosys has secured a front-row role in the next wave of global remittances and cross-border payments [3].

The collaboration is part of Infosys' broader strategy to improve digital payment systems and enhance customer experiences. Dennis Gada, EVP and Global Head of Banking and Financial Services at Infosys, highlighted the importance of near real-time, cross-border payments in building long-term customer loyalty [2].

Infosys Finacle CEO Sajit Vijayakumar emphasized that the deal brings together Finacle's composable banking platform with Mastercard's global money movement capabilities, empowering banks to deliver fast and secure cross-border experiences for every customer segment [2].

The partnership also aligns with Mastercard's commitment to scaling the reach of remittance services and broader commercial payments solutions, particularly in regions like Asia, which accounted for nearly half of global remittance inflows in 2024 [2].

References:

[1] https://m.economictimes.com/industry/banking/finance/mastercard-partners-with-infosys-to-scale-cross-border-payments/articleshow/123562699.cms
[2] https://economictimes.indiatimes.com/industry/banking/finance/mastercard-partners-with-infosys-to-scale-cross-border-payments/articleshow/123562699.cms?from=mdr
[3] https://www.moneycontrol.com/news/business/information-technology/infosys-wins-payments-deal-from-mastercard-to-scale-cross-border-transactions-13496832.html/amp