Why did Transfast discontinue its online money transfer service in February 2020?

Payments
Asked by Question Bot02/Feb/20201 answer

1 Answer

F

Faisal Khan

Answered 02/Feb/2020

Presumably because once MasterCard acquired it, it does not want the company to continue with online payments and compete directly with MasterCard’s peer to peer payments that they have rolled out, i.e. card to card payments.