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Mastercard Straight-Through Processing

Automate B2B payments and reconciliation

Streamline accepting B2B virtual card payments, regardless of how you choose to operate, with straight-through processing from Mastercard.

Reduce manual invoice processing

Eliminate repetitive payment handling, data entry and invoice matching tasks that slow your team down.

Improve visibility

Receive payment information and remittance details together, making it easier to understand what was paid and why.

Accelerate reconciliation

Match payments to invoices faster and reduce the time spent researching exceptions.

Spotlight

Increase operational efficiency

Watch this video to learn how your business can improve liquidity, efficiency and control by streamlining reconciliation workflows through a single approach.

Straight-through processing that adapts to your business

Every organization manages payments differently. Mastercard helps automate payment acceptance and reconciliation without forcing you to change the systems, workflows or partners you already rely on.

Built to fit your ecosystem

Integrate with the ERP, receivables and payment systems your business already uses.

Female warehouse manager talking with logistics employee.

Start where you are

Use existing payment delivery methods and workflows while creating a path toward greater automation.

Virtual card acceptance made effortless

Whether payments and remittance information arrive through APIs, batch files or email-based workflows, Mastercard simplifies the path to straight-through processing. 

A single connection for all payments.

Our card network-agnostic platform fully automates virtual and physical card payments through a single connection to Mastercard.

More control. Less effort.

Payment preferences and rules applied automatically.

Scale as you grow

Support more card payment volumes, without increasing manual effort.

Strengthen buyer-supplier ties

Give your customers the flexibility to pay by card while helping your business get paid faster, securely and more efficiently

What is the benefit of straight-through processing?

Accept virtual card payments effortlessly — straight-through processing automates the entire flow, start to finish.

Other Corporate Payment Solutions

Streamline payments, optimize working capital

Mastercard products and solutions are designed to help large enterprises thrive.

Purchasing cards

Streamline procurement processes for efficient business operations.

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Travel cards

Make your business trips smoother with simplified expenses and spending insights.

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Analytics and reporting

Streamline processes, reduce fraud and gain insights for better financial management.

Accounts receivable solutions

Easily reconcile open receivables with automatic capture of virtual card payments.

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Embedded finance

Simplify processes with payments from your existing business software.

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Wholesale travel program

Simplify B2B payments for the global travel industry with virtual card technology.

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Bill pay solutions

Optimize bill payment services with a tailored program that leverages Mastercard expertise and curated products.

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Digital asset solutions

Making digital assets accessible and secure for consumers, businesses, banks and governments.

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Featured Resources

Developer resources

For developers

Start building with Mastercard

Access our full suite of APIs and developer tools to create secure, scalable, and innovative payment solutions.

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Help your team reduce manual work and improve reconciliation.

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Frequently asked questions

In B2B payments, straight-through processing automates the end-to-end flow of payment and remittance data from the buyer to the supplier. Payment information, invoice details and remittance data travel together, allowing payments to be accepted, matched to invoices and reconciled automatically, reducing manual work and processing delays.

Straight-through processing is important because it helps businesses reduce manual payment handling, improve reconciliation accuracy and process payments more efficiently. By automating payment workflows, organizations can reduce exceptions, accelerate cash application, improve visibility and support scalable payment growth.

Straight-through processing reduces reconciliation time by ensuring payments are delivered with structured remittance information. This allows suppliers to automatically match payments to invoices, reduce manual research and posting activities, and resolve exceptions more quickly.

Straight-through processing helps suppliers receive payment information in a consistent, automated manner. By reducing manual data entry, payment inquiries and reconciliation challenges, suppliers can process payments more efficiently and spend less time managing administrative tasks.

STP helps acquirers reduce manual intervention by automating the delivery of virtual card payment and remittance information between ecosystem participants. This reduces reliance on email-based workflows, manual data handling and exception management, creating a more streamlined payment experience for suppliers.

By automating payment delivery, acceptance and reconciliation processes, straight-through processing helps reduce manual processing costs, payment inquiries and exception handling. This can improve operational efficiency, lower support burdens and help acquirers scale B2B payment programs more effectively.

Straight-through processing helps accounts receivable teams reduce manual work, accelerate cash application, improve payment visibility and automate reconciliation. This can result in faster invoice matching, fewer exceptions and more efficient payment processing.

Straight-through processing helps accounts payable teams deliver payments more efficiently while providing suppliers with the remittance information needed for reconciliation. Benefits include improved payment visibility, reduced payment inquiries and stronger supplier relationships.

Mastercard Commercial Direct Payments helps automate the delivery of virtual card payment and remittance information across the B2B payments ecosystem. Through API and file-based integration options, it enables structured information to move between ecosystem participants, reducing manual intervention and supporting straight-through processing.

Mastercard Receivables Manager helps suppliers streamline the acceptance and reconciliation of virtual card payments. It extracts payment information from virtual card email notifications and supports automated reconciliation workflows, helping accounts receivable teams reduce manual processing.

Mastercard Commercial Direct Payments and Mastercard Receivables Manager support different paths toward greater payment automation. Commercial Direct Payments enables structured delivery of virtual card payment and remittance information through integrated channels, while Mastercard Receivables Manager helps suppliers automate email-based virtual card acceptance and reconciliation. Depending on the payment workflow, these capabilities can be used independently or as part of a broader straight-through processing approach.

Mastercard Straight-Through Processing