Mastercard is set to launch a new programme in April that will bring embedded virtual card technology to commercial payments, streamlining transactions for businesses. The initiative allows banks using Mastercard’s Virtual Card Number (VCN) technology to enable platform partners to integrate embedded, consumer-like payment experiences directly into corporate workflows.
By embedding VCN technology into existing corporate systems, Mastercard aims to make business payments more efficient and frictionless. The programme is designed to eliminate lengthy onboarding processes, enhance efficiency across the VCN ecosystem, and accelerate VCN adoption in the $80 trillion commercial payments market.
With this initiative, banks and platform partners will no longer need direct engagement, simplifying integration. Once implemented, corporate users can access VCN technology within familiar tools like ERP systems, reducing steps needed to complete financial tasks.
Mastercard highlights key benefits for all stakeholders:
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Banks gain scalability and expanded embedded payment opportunities.
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Platform partners can offer embedded payments with minimal integration efforts.
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Corporate users enjoy a seamless, consumer-like payments experience in their daily operations