Mastercard Incorporated (MA) to Expand BMO’s Global Money Transfer Service

Mastercard Incorporated (NYSE:MA) is one of the Good Stocks to Invest in Now. On July 30, Mastercard Incorporated (NYSE:MA) announced its strategic partnership with BMO to expand BMO’s Global Money Transfer service.

The service is powered by Mastercard Move and now covers more than 70 destinations worldwide, including Europe, the Middle East, Africa, Asia Pacific, Latin America, and the Caribbean. BMO’s Global Money Transfer is part of its core banking services, whereas the Mastercard Move supports sending money to over 200 destinations. This strategic partnership is a joint effort to provide secure and affordable international payment options.

Mastercard Incorporated (MA) to Expand BMO’s Global Money Transfer Service

A woman using a payment terminal at the checkout of a store showing payment products and solutions.

Mastercard Incorporated (NYSE:MA) is a financial technology company that enables secure and simple electronic payments worldwide.

While we acknowledge the potential of MA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.