Dock, Muevy and Mastercard launch solution to facilitate international financial transactions

Dock, a payment and banking technology company in Latin America, Muevy, a company that accelerates the opening of instant payments without borders through Open Finance, and Mastercard, a leader in payment solutions in Brazil, announced a partnership to bring to the Brazilian market a technology that allows financial institutions to quickly make international transfers to more than 190 countries through Mastercard Move.

The solution, enabled by Dock and Muevy, allows customers to withdraw funds from accounts at any bank via Open Finance and send international remittances in an agile and secure manner through Mastercard Move.

“With this partnership, we are bringing a complete solution to the market.We operate regulatory licenses, technology and fraud prevention, allowing other players to have access to the solution and ensuring they can worry exclusively about what is most important: delivering the best experience for their” customers, says Henrique Casagrande, Chief Operations Officer at Dock.

Mastercard Move offers banks, non-bank financial institutions, direct payers and their customers a fast and secure money transfer solution, both nationally and internationally.The solution portfolio covers more than 180 countries and more than 150 currencies, with access to more than 95% of the global banking population.

“It is a privilege to establish this partnership that gave rise to the first use case of Mastercard Move in Brazil 2 integrating Mastercard Send and our Crossborder services. This solution will allow Brazilian companies to expand their operations, access new markets and optimize their financial management in a safe, reliable and flexible way by the possibility of sending and receiving funds in various currencies”, says Leandro Mattos, Vice President of Transfer Solutions at Mastercard Brazil.

“To send money anywhere in the world, just enter the name of the beneficiary and the number of the destination card. You send the amount in reais, which is automatically converted and delivered in the currency of the destination country. The service works 24 hours a day, every day of the week. It is a simple, fast and safe solution”, says Jose de Carvalho Junior, CEO of Muevy.