Mastercard partners with Buy2Sell in cross-border payment solutions in Asia

Mastercard’s cross-border payment solution provides buyers and sellers that transact globally through the Buy2Sell platform an easy and safe payment solution for their purchases via a fast, secure, and traceable cross-border payment trail.

With this partnership, the Buy2Sell platform optimizes the remittance rate for trade imports into Vietnam. Mastercard cross-border services enable financial institutions and partners to build flexible solutions that support multiple use cases and can reach a variety of payment endpoints nearly anywhere in the world via a single connection.

Mastercard’s platform plays a key role in improving worldwide connectivity and provides innovative payment applications that give customers a choice to route transactions over card or account-to-account infrastructure. The Mastercard network supports multiple delivery channels, including bank accounts, mobile wallets, cash-out locations, and cards, as well as different payment types such as Business-to-Business (B2B), Business-to-Person (B2P), Person-to-Person (P2P), and Person-to-Business (P2B).

Buy2Sell, headquartered in Singapore, is a leading B2B e-commerce platform. It operates many import and export B2B transactions, mainly on high-end goods supplied between Vietnam, Singapore, Hong Kong, and South Korea.

For a global orientation to 2025, Buy2Sell is also moving towards expanding its cross-border sales through its e-commerce.

Mastercard is a global technology company in the payments industry. With connections across more than 210 countries and territories, Mastercard’s mission is to connect and power an inclusive, digital economy that benefits everyone.