Mastercard partners with Lulu Exchange to enable speedy and secure online remittances

Mastercard partners with Lulu Exchange to enable speedy and  secure online remittances

DUBAI, UNITED ARAB EMIRATES, (AETOSWire)– Mastercard has entered a strategic partnership with Lulu Exchange to enable UAE consumers to carry out simple, speedy, and secure remittances through the Lulu Money mobile app. Transactions made using Mastercard debit cards will bear no additional ‘merchant transaction fees’, making Lulu Exchange the first exchange house in the UAE to enable such a facility for digital payments. Through this partnership, Mastercard and Lulu Exchange are set out to deploy digital payment solutions and technologies to enable inclusive and sustainable economic growth through the digital…