Deutsche Bank and Mastercard expand B2B payments partnership

This partnership enables companies to find new customer groups for products and services, develop digital business models and expand sales channels at home and abroad. This involves digital marketplaces where companies that need efficient digital payment transactions can sell their products directly to consumers.

According to E-Commerce Magazin, Deutsche Bank and Mastercard are making use of the current market developments and the shift to digital international payments due to the coronavirus pandemic. The aim of the partnership is to create new solutions for the complex issues of payment transactions, such as the processing of payments at home and abroad and additional services such as cash flow forecasts or fraud management services.

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