Mastercard accelerates B2B payment automation globally with acceptance innovations
United States, July 29 -- Mastercard is modernizing supplier reconciliation and streamlining virtual card payments with several new enablers. Today, it's launching widescale global availability of Mastercard Receivables Manager, its automated solution that makes virtual cards more efficient, secure and cost-effective for businesses to accept. To give payment service providers greater flexibility in how they offer B2B payment innovations, Mastercard is also introducing Commercial Direct Payments, an advanced straight-through processing solution that fully automates virtual card payments and reconciliation. Together, the expanded offerings deliver a fast, innovative B2B payment experience for both buyers and suppliers at an opportune time whe...
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