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Visa Ready Turbo Charges B2B Payments

PYMNTS

In Visa news, the credit card company is hitting back at rival Mastercard with the rollout of a B2B payments program just days after Mastercard announced its own B2B payments tool. They include virtual cards, accounts payable automation, data analytics and other capabilities, Visa said.

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LateRooms.com: Virtual Cards Stumble (And Stride) In Corporate Travel

PYMNTS

Lately, service providers have been turning to the virtual card to address needs for electronic payment. There are barriers to accessing a virtual card payment program, however — particularly for businesses that aren’t using a Travel Management Company.