Money Transfer Process Guidelines | How Mastercard Send™ Works (2024)

How Mastercard Send works: U.S. transaction flow

Mastercard Send enables Transaction Originators to send funds directly to a consumer's bank account within seconds1using the debit card number associated with that account.

Step 1:Sender initiates P2P transaction to Transaction Originator.

Step 2:Transaction Originator collects debit card information and initiates transaction to Mastercard.

Step 3:The Network (Mastercard) conducts due diligence on Transaction Originator, originates the transaction, routes to PIN Debit networks and provides transaction controls.

Step 4:Sponsor Bank settles with Network and Transaction Originator.

Step 5:Transaction Receiver receives transaction data from Mastercard or the Debit Networks and posts payment transaction to cardholder's account.

Step 6:Receiver (cardholder)receives payment in account.

All PIN Debit Networks provide ubiquitousconnectivity for sending funds to Transaction Receivers across card brands.