HSBC, Mastercard partner for B2B payments
DUBAI, 2 hours, 22 minutes ago Mastercard has announced a new partnership with HSBC that will provide the bank’s commercial customers in the UAE with an enhanced business-to-business payment experience via the Mastercard Track Business Payment Service. The latest collaboration will result in the launch of MasterCard Track Business Payment Service in the UAE. With partnerships across all regions around the world, Mastercard Track Business Payment Service helps companies simplify and optimize how they pay and get paid through a global open-loop network. Businesses have greater control of their payments with rich data exchanges and the ability to automate payments across multiple payment rails. Among the benefits for businesses are the ability to scale, improved security and control, cash flow efficiency and digitization of existing manual processes.
AdobeStock/Ivan Kruk
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