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Mastercard, EnKash Team To Expand Commercial Card Use In India

PYMNTS

EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release.

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The Economic – And Ergonomic – Value Of Commercial Card Optimization

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Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. Optimizing Card Spend. “We’re seeing a lot more of that mentality.”

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Boost Partners With Visa To Enhance Commercial Card Use

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Boost Payment Solutions , which works in optimizing payment cards, is partnering with Visa to give commercial card issuers, cardholders and suppliers more automation and flexibility in their experiences, according to a press release.

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Commercial Cards: It’s All About The Data

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That’s particularly true in accounts receivable (AR), with B2B suppliers not only needing money to flow in from their buyers, but high-quality transaction data for reconciliation, reporting and analytics. A Reconciliation Headache. Commercial card transaction data can quickly become lost in a deluge of unstandardized information.

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Commercial Cards Gear Up For Corporate Travel’s Return

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At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. The card is compatible with Apple Pay and other wallets as well, reports in Verdict.co.uk

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Turning Commercial Card Credit Lines Into SMB Cash Flow Lifelines

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Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. And with the pandemic all but wiping out business trips, the commercial card could be at a crossroads.

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Mastercard, Network International To Introduce Commercial Cards In Middle East, Africa

PYMNTS

In addition, the release says that annual commercial spend in the Middle East and Africa tops $4 trillion, mostly done via payment cards. The commercial card has grown in popularity, too, with online card payments having received the biggest share of new B2B volumes since the pandemic began.