Hashbank, in partnership with Mastercard, announces the launch of Mastercard Move transactions, a next-generation payment solution designed to make international money transfers near real time, borderless, and commission-free for everyday users. The initiative marks a significant milestone in the evolution of digital payments across the region.
Powered by Mastercard’s global payment infrastructure and technology expertise, Mastercard Move transactions enable users to send money across borders in near real time, removing long-standing barriers such as delays, complex banking details, and high transfer fees.
Mastercard plays a central role in the Mastercard Move ecosystem, providing secure, scalable, and globally trusted rails that make instant cross-border transfers possible. With its extensive international network and deep experience in payment innovation, Mastercard ensures that Mastercard Move transactions meet the highest standards of speed, reliability, and security.
"Mastercard’s technology enables seamless connectivity between markets, allowing financial institutions like hashbank to deliver truly global services at a local level," said David Zgudadze, Vice-President of Mastercard in Georgia and Armenia. " Mastercard Move is a clear example of how collaboration can unlock new value for consumers and businesses alike."
"Our mission at hashbank is to completely erase financial borders," said Maia Kheladze, Director, Payments & Operations at hashbank. "By combining our digital platform with Mastercard’s network, we are transforming how money moves. We are replacing complex banking procedures with instant speed and total simplicity, ensuring that sending money abroad is as effortless as a local transfer."
By integrating Mastercard’s capabilities, hashbank brings global reach to local users - allowing them to transfer funds internationally without the friction traditionally associated with cross-border banking.
Mastercard Move transactions are designed with simplicity at their core. Users can send money in just a few clicks, without navigating complex IBAN codes or waiting days for funds to arrive, even in countries like China. Transfers are completed instantly, offering a modern alternative to legacy banking systems.
Key benefits of Mastercard Move transactions include:
• Near real time cross-border transfers
• 0% commission during the launch period
• No complex banking details required
• Global geographic coverage
• Enterprise-grade security backed by Mastercard
Starting April 1, the Mastercard Move Transactions Easter campaign will launch and run for three months. As part of the promotion, international (Mastercard Move) transfers will have a 0% commission fee. The offer will apply to the first 2,000 successful Mastercard Move transactions made directly through the hashbank application.
The launch of Mastercard Move transactions reflects a broader shift in how money moves globally. By reducing cost and complexity, hashbank and Mastercard are enabling greater financial inclusion and supporting increased economic activity across borders - from personal remittances to everyday international payments.
Mastercard Move transactions represent a significant step forward for the regional fintech landscape, setting a new benchmark for speed, transparency, and ease of use. As adoption grows, the solution is expected to reshape user expectations around international transfers and accelerate the transition away from slow, fee-heavy legacy systems.
The hashbank x Mastercard partnership demonstrates how global technology leaders and regional innovators can work together to deliver meaningful, real-world impact.
