Keep customer account details current with Automatic Billing Updater to avoid declines and use Authorization Optimizer to apply intelligent retry strategies that help turn declines into approvals.
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Find out more about the Mastercard Bill Qkr Program
Mastercard unveils Bill Qkr to streamline and enhance the way bills are paid
Merchants, acquirers, payment facilitators and service providers can now offer their customers the benefits of simpler, faster, reliable card-based bill payment services.
[1] McKinsey & Co., Global Payments Map, 2024. Mastercard extrapolation and analysis. ↩
[2] PYMNTS and Mastercard, One Stop Bill Playbook, 2023. ↩
[3] PYMNTS, The Orchestrated Platform: Why Payments Orchestration Is Not Just for Merchants, 2024. ↩