MasterCard, Florida Capital Bank partner for real-time disbursements
Mastercard announced that it is partnering with Florida Capital Bank to facilitate efficient, near real-time disbursements of funds to all branded debit cards in the U.S. by integrating Mastercard Send. Through this partnership, Mastercard Send will provide Florida Capital Bank corporate partners the platform to send payments to cardholders within minutes through FLCB InstantMoney. The solution will enable instant push to card payments across networks and brands to ensure customers get the funds seamlessly and securely. Mastercard Send, a first-of-its-kind platform that facilitates funds to be sent quickly and conveniently via debit networks, will allow Florida Capital Bank to provide corporate partners the additional value of delivering their customers with immediate and seamless disbursements.