MasterCard Announces Automated Receivables for Virtual Cards

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MasterCard releases the launch of MasterCard Receivables Manager. It is a new, automated solution simplifying how businesses receive and practice virtual card payments.

The innovation is MasterCard’s virtual card platform, as the company offers payment choices to players and accelerates the digitization of B2B transactions among buyers and suppliers.

MasterCard Receivables Manager is developed to make virtual card transactions more efficient, secure, and cost-effective. Suppliers will no longer need to manually capture and enter virtual card details to manage digital payments.

The new development also gives suppliers new advantages, ranging from the ability to drive early payments to improve the visibility of cash flows.

Read More: Mastercard introduces automated receivables for virtual cards

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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