ABA​ introduces​ card-to-card​ transfers​ with​ Mastercard​ and​ UnionPay​ International​ in​ ABA​ Mobile

01/Feb/2022

mastercard and upi transfers dt

ABA​ Bank​ cooperates​ with​ global​ payment​ services​ Mastercard​ and​ UnionPay​ International​ (UPI)​ to​ bring​ more​ instant​ money​ transfer​ options​ on​ its​ ABA​ Mobile​ app.​

With​ this​ integration,​ ABA​ Mobile​ users​ can​ now​ send​ and​ receive​ money​ with​ more​ countries​ and​ territories​ in​ the​ Asia-Pacific​ region,​ as​ well​ as​ domestically​ using​ the​ Transfer​ to​ Cards​ feature.​ Transfers​ will​ be​ directly​ credited​ into​ the​ recipient’s​ account​ linked​ to​ the​ card​ in​ almost​ real-time.

Mastercard​ Send​ enables​ transfers​ between​ other​ Mastercard​ issued​ by​ the​ banks​ in​ Cambodia​ and​ Singapore,​ while​ UnionPay​ MoneyExpress​ works​ for​ transfers​ with​ other​ UPI​ cards​ issued​ by​ the​ banks​ in​ Cambodia,​ China,​ Hong​ Kong,​ and​ Macau.

​ Through​ either​ service,​ cardholder​ can​ transfer​ up​ to​ $2,500​ in​ a​ single​ transaction​ at​ competitive​ fees,​ while​ the​ monthly​ limit​ goes​ as​ high​ as​ $10,000​ for​ Mastercard​ Send​ and​ $20,000​ for​ UnionPay​ MoneyExpress.

“We​ are​ pleased​ to​ offer​ our​ customers​ a​ wider​ choice​ when​ making​ instant​ money​ transfers​ both​ locally​ and​ internationally​ via​ ABA​ Mobile.​ Mastercard​ Send​ and​ UnionPay​ MoneyExpress​ use​ the​ fast​ and​ secure​ P2P​ payment​ technology​ via​ their​ respective​ payment​ networks​ and​ join​ the​ list​ of​ other​ instant​ money​ transfers​ already​ available​ in​ ABA​ Mobile,”​ commented​ Sanzhar​ Abdullayev,​ Chief​ Card​ and​ E-Payments​ Officer​ of​ ABA​ Bank.​

“This​ integration​ will​ be​ a​ great​ support​ for​ expats​ who​ send​ money​ back​ home​ regularly,​ students​ who​ need​ financial​ support​ from​ their​ families​ in​ Cambodia,​ or​ freelancers​ who​ work​ on​ regional​ projects​ and​ can​ get​ paid​ easily,”​ he​ explained.

Visit​ the​ webpages​ of​ Mastercard​ Send​ and​ UnionPay​ MoneyExpress​ to​ learn​ how​ to​ make​ these​ instant​ money​ transfers​ in​ your​ ABA​ Mobile​ app.