MasterCard has teamed withcross-border e-commerce solution provider Borderlink to allow MC cardholdersaround the world to purchase online from merchants in the U.S. and the U.K.MasterCard has recently increase its efforts in the online space. In April itlaunched its online Marketplace portal that allows its cardholder to shop atmerchants providing discounts. And earlier this month, MasterCard acquiredDataCash, a leading e-Commerce payment solution provider in Europe.
MasterCard Worldwide today announced an agreement with Borderlinx, the international industry leader in global cross-border e-commerce shopping, in order to offer MasterCard customer financial institutions and their cardholders around the world improved access to the global e-commerce marketplace and facilitate the flow of electronic commerce. This agreement supports MasterCard’s global e-commerce strategy, designed to grow online spend while delivering a better online payment and shopping experience.
By working together, MasterCard and Borderlinx are enabling an enhanced online commerce experience that allows shoppers from many markets around the world to make purchases initially at U.S. and U.K. retail websites using their MasterCard-branded cards. Cardholders will be able to leverage the Borderlinx platform, which facilitates international e-commerce by establishing a local address for foreign shoppers, applying tax, duty and delivery charges, and integrating with shipping services to ensure that they receive their goods when they want them.
Read the Borderlink agreement pressrelease here: