Invoiced partners with Mastercard

Thursday 18 March 2021 14:30 CET | News

Invoiced has partnered with Mastercard to extend accounts receivable and payments via Mastercard Track Business Payment Service.

With the new integration, Invoiced clients (Suppliers) can further automate collections activities via Invoiced, by enabling client’s customers (Buyers) to bypass the client’s Invoiced-powered payment portal, remitting payments from the Buyer’s A/P system to and through Invoiced.

This capability, facilitated by Mastercard Track Business Service, satisfies an A/R use case for mid-sized companies who issue invoices to large businesses, government agencies, and others. These large Buyers typically require that payments be requested, registered, and managed via an A/P portal. As a result, the integration is intended to deliver A/R efficiencies for Invoiced Supplier clients as well as A/P efficiencies for their respective Buyers.

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Keywords: partnership, Mastercard, e-invoicing, digital payments
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech

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