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Mastercard Incorporated (NYSE:MA) is among the 13 Best Big Name Stocks to Buy Now. On June 19, Singapore’s leading digital payments solutions provider, dtcpay, announced it had partnered with Mastercard Move to facilitate seamless cross-border transactions for its users.
Under the strategic collaboration, dtcpay will leverage Mastercard Incorporated (NYSE:MA)’s global money movement capabilities to enhance speed, security, and transparency for global money transfers. Beginning in June, dtcpay users will be able to access over 49 payment corridors originating from Singapore.
Users will also enjoy quicker processing times through this integration, with around 60% of payments received within 1 hour and 95% within 24 hours. This will also allow businesses to pay overseas vendors faster than traditional wire transfers, which could take up to five days.
In April this year, MoneyGram also announced a partnership with Mastercard Incorporated (NYSE:MA) to implement Mastercard Move to improve digital payments both within the U.S. and outside its borders.
While we acknowledge the potential of MA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: Goldman Sachs Stock Portfolio: 10 Large-Cap Stocks To Buy and Buffett Stock Portfolio: Top 10 Stock Picks for 2025.
Disclosure: None.
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