Transfast, a Mastercard Company
Financial ServicesNew York, United States201-500 Employees
Transfast, headquartered in New York, New York, operates a global cross-border payments network that covers more than 125 countries. Its proprietary system directly connects with more than 300 banks and other financial institutions, enabling person-to-person, business-to-person, and business-to-business transfers through APIs, SFTP, web, and mobile and product applications. Clients rely on the platform for compliance support, risk management, currency conversion, liquidity management, and multi-format messaging. It serves banks, financial institutions, e-commerce platforms, service marketplaces, small businesses, and individual consumers. Transfast is owned by Mastercard. In 2020 the company expanded its partnerships, including with Habib Bank Limited to facilitate remittances to Pakistan.