Infosys and Mastercard on Thursday announced a strategic collaboration to scale cross-border payments, integrating Mastercard’s money movement capabilities with Infosys Finacle, the digital banking suite from its subsidiary EdgeVerve Systems.

The partnership will give financial institutions quicker, more efficient access to Mastercard Move, a portfolio of domestic and international payment solutions that spans more than 200 countries and 150 currencies, reaching over 95% of the world’s banked population.

“Through Mastercard Move’s cutting-edge solutions, we empower individuals and organisations to move money quickly and securely across borders,” said Pratik Khowala, Executive Vice President and Global Head of Transfer Solutions at Mastercard. “The strategic collaboration with Infosys provides financial institutions with easy access to these capabilities, enabling them to facilitate fast, secure and reliable cross-border payments for their customers.”

Anouska Ladds, Executive Vice President at Mastercard, noted that global remittances are expanding rapidly, particularly in Asia, which accounted for nearly half of global inflows in 2024. “We are committed to identifying innovative ways to increase access and truly scale the reach of remittance services,” she said.

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Infosys said the collaboration will help banks meet rising consumer expectations for seamless digital payments.

“Our collaboration with Mastercard to enable near real-time, cross-border payments is designed to significantly improve the financial experiences of everyday customers,” said Dennis Gada, Executive Vice President and Global Head of Banking and Financial Services at Infosys.

Shares of Infosys closed at ₹1,503, down 1.74 percent on the NSE on Thursday