FNB and Mastercard Launch Globba™ to Revolutionize South Africa’s Cross-Border Payments
FNB and Mastercard have launched Globba
, an innovative cross-border payments solution designed to enhance financial connectivity for South Africans. This initiative aims to simplify and secure international transactions to over 120 countries.
Globba: A New Era in Cross-Border Payments
On November 11, 2025, in Johannesburg, FNB announced the introduction of Globba, powered by Mastercard Move. This new platform emphasizes speed, transparency, and security in sending money abroad. Available via the FNB and RMB Private Banking apps, Globba leverages Mastercard’s extensive money movement capabilities.
Key Features of Globba
- Global Reach: Supports transactions to over 120 countries.
- Instant Transfers: Enables near-instant connectivity to bank accounts, mobile wallets, and cash pickup locations.
- Enhanced Financial Inclusion: Strengthens economic resilience in key remittance corridors like Zimbabwe, Malawi, Mozambique, and Ghana.
- Integration with Mastercard Move: Ensures fast and secure international payments.
Quotes from Leadership
Lytania Johnson, CEO of FNB Personal Segment, emphasized that Globba is more than just a service; it represents a commitment to efficiency and innovation. It enables seamless cross-border payments, empowering families and enhancing lives.
Onur Kursun, Executive Vice President at Mastercard, stated that cross-border payments are essential for Africa’s digital economy. He noted that Mastercard Move provides customers with flexible options, ensuring they can participate securely in global transactions.
Supporting Financial Connectivity
This launch aligns with the G20 roadmap aiming to enhance the speed, cost, access, and transparency of cross-border payments. Globba is set to transform how South Africans manage their international financial transactions, making them as easy as local payments.
FNB and Mastercard plan further collaboration to expand Globba across FNB’s network in Africa, pending regulatory approvals. With this launch, they signal a significant step towards advancing digital financial services for their customers.
Globba stands as a testament to both organizations’ dedication to making cross-border payments efficient and affordable in a rapidly evolving digital economy.
