UK-headquartered fintech OnePay has introduced a payment system, built on Mastercard technology, that integrates international money transfers with a debit card and digital account.
Central to the system is Mastercard Move, which supports OnePay users in sending money overseas with traceable transactions, clear fee structures, and defined delivery times.
Go deeper with GlobalData
Funds dispatched from a OnePay account can reach recipients in multiple markets in near real-time, facilitating timely support for families.
Darren Deal, SVP fintech, government & digital partnerships, UKI at Mastercard said: “By embedding Mastercard Move into OnePay’s account and card solution, people have a faster, safer, and more transparent way to send money home.”
The solution also offers a OnePay card and digital account, designed for individuals without access to conventional banking.
No credit checks are needed to open an account, and users receive a contactless Mastercard prepaid card.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataWorkers can handle their finances through the ‘My OnePay’ app or a multilingual online platform, accommodating various nationalities and languages.
This payment solution is particularly relevant for seasonal and migrant workers, addressing their domestic wage payments and the ability to remit earnings to their home countries.
OnePay CEO Lee Hartley stated: “By integrating Mastercard Move into our solution we are not only making it faster and easier for our customers to support their families back home, we are giving them greater control and peace of mind.”
As of the current date, the partnership has supported more than 800,000 workers and have resulted in the processing of more than £4bn in transactions, which includes a substantial £1.4bn in ATM withdrawals.
