Improving document approvals and payment disbursements is the key to customer loyalty and acquisition
Adobe and Mastercard have entered into a partnership, according to the official press release.
The software giant and the payment processor will create a service that facilitates the exchange of funds in real-time. The service will be available cross-border and locally.
Via the help of Adobe Sign’s e-signature, the solution from Mastercard Send will facilitate digital workflow and improve the fund’s approval process and delivery to customers.
The Adobe Sign will include e-signatures, ID verification, instant remittances, automated document routing and secure online forms. It will also significantly reduce the cost of remitting money to consumers globally.
The service created by the two brands will enable secure communication. The platform can also be merged with any existing claim management systems for insurance claims, medical reimbursements, financial aid and government help.
We’ve reported that Western Union and Mastercard expand global partnership: here’s what it means.