Whish Money Teams Up with Mastercard to Facilitate Remittances in Lebanon

Whish Money has partnered with Mastercard to enable remittances in Lebanon, utilizing Mastercard Move's money movement solutions to facilitate fund transfers to over 50 countries. Lebanese senders can now fund their Whish Money wallet using their cards, marking Mastercard's first partnership with a Lebanese mobile wallet for remittance purposes. This collaboration aims to address consumer demand for international money transfers and expand Mastercard's payment network in Lebanon.

Whish Money, a fintech company specializing in remittance services, has partnered with Mastercard to enhance its remittance offerings in Lebanon. The collaboration leverages Mastercard Move's money movement solutions, providing Lebanese individuals with the ability to send and receive funds internationally [1].

The partnership allows Whish Money users to send money to over 50 countries and receive funds from abroad. Senders can choose how beneficiaries receive the funds, whether into their bank accounts, mobile wallets, or by cash pickups. Additionally, Lebanese senders can now fund their Whish Money wallet using their cards, marking Mastercard's inaugural partnership with a Lebanese mobile wallet for remittance purposes [2].

Toufic Koussa, Co-founder and CEO of Whish Money, highlighted the significance of the partnership, stating, "Many people in Lebanon rely on remittances from their family members abroad to meet their basic needs. In this challenging economic situation, international money transfer services provide a vital inflow of foreign currency into Lebanon. Thanks to Mastercard Move, we can now offer fast, efficient, and secure remittances to Lebanese people" [1].

Onur Kursun, Executive Vice President, Commercial and New Payment Flows, EEMEA, Mastercard, emphasized the potential of the collaboration, stating, "Our collaboration will give Whish Money the reach, transparency, and speed needed to scale its cross-border business and address consumer demand for sending and receiving funds internationally. Meanwhile, it will enable us to expand our payment network and introduce market firsts for inbound and outbound money transfers in Lebanon" [1].

Mastercard Move, part of Mastercard's suite of money movement solutions, supports domestic and international fund transfers across 200 markets and over 150 currencies [1]. The service's extensive network and support for multiple currencies make it a valuable tool for facilitating remittances in Lebanon.

This partnership is a significant step in improving the financial landscape for Lebanese individuals, providing faster, more secure, and cost-effective remittance services. As the global demand for international money transfers continues to grow, this collaboration positions Whish Money and Mastercard to capitalize on this market opportunity.

References:
[1] https://techafricanews.com/2025/08/21/whish-money-and-mastercard-partner-to-boost-remittance-flows-to-lebanon/
[2] https://finance.yahoo.com/news/whish-money-partners-mastercard-enable-114130413.html