Mastercard seeks Brazil processors’ help on Will losses

Mastercard seeks Brazil processors’ help on Will losses

Tech in Asia·2026-05-23 11:00

Mastercard is asking Brazilian payment processors to help absorb losses from the collapse of Banco Master fintech unit Will Financeira after about 5 billion reais in card payments were processed before the failure.

The group includes Cielo, Rede, StoneCo, and PagSeguro.

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