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Marqeta seeks new business customers with Mastercard B2B solution

1 month ago   |   By Business Insider

The news: API issuer-processor Marqeta integrated Mastercard's Track Instant Pay solution to streamline B2B payments for its customers, per a press release. Here's how it works: Mastercard Track Instant Pay uses machine learning to identify invoices that are likely to be rejected so the rest can be approved for payment without manual intervention. Mastercard uses straight-through processing to send approved invoices directly to the supplier's bank account via a Mastercard virtual card-letting suppliers and buyers avoid exchanging bank account information. Read the original article on...
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