Claim payments to debit cards

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Company brief

Travel insurance provider Allianz Global Assistance has joined forces with Mastercard to deliver claim payments in real time directly to debit cards, allowing travellers to use such funds while they’re still on their trip to pay travel expenses or replace lost or stolen items.

According to Allianz, Mastercard Send puts money in travellers’ hands faster and alleviates the wait that’s created when a cheque lands in a consumer’s mailbox while they are still on their trip. It’s a push payments service that facilitates the delivery of funds quickly and securely.

“Mastercard Send’s technology allows travellers to receive their funds anywhere in the world and use that money to pay for travel expenses, purchase essentials while their luggage is delayed or even make a deposit for their next trip,” confirmed Joe Mason, chief marketing officer at Allianz Global Assistance USA.