Mastercard Inc. has strengthened its cross-border remittances reach by expanding its partnership with Alipay, the mobile-payments super-app backed by Ant Group Co. This agreement enables consumers to receive money in their digital wallets in near real-time, significantly enhancing the accessibility and speed of cross-border transactions. With Alipay catering to over a billion consumers in China, this collaboration is poised to have a significant impact on the remittance landscape.