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Major Payment Systems Partner with The StoneEagle Group

Thursday 10 March 2005 10:14 CET | News

Major Payment Systems, has entered into a exclusive partnership with The StoneEagle Group for the purpose of processing warranty and insurance related claims payments via Major Payment Systems’ vCom Virtual Credit Card Platform.

StoneEagle built the Virtual Card solution for Service Contract Administrators and collaborated with Major Payment Systems to create the first true business to business credit card. Service Contract Administrators no longer need to worry about fraud, overcharge or subsequent charge situations by repair facilities. The Virtual Card eliminates the cumbersome reconciliation process and repair facilities receive funds the same day.


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Categories: Payments & Commerce
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Countries: World
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