Mastercard + Oracle

Virtual cards for invoice payments: Enabling organizations to identify suppliers that accept cards, automate virtual card generation and tie payments to specific invoices. The result? Streamlined bank reconciliation, cohesive ordering, invoice and payment experiences for procurement, accounts payable, and finance teams. End-to-end payment integration means suppliers no longer need to enter card numbers manually into their point-of-sale system to accept payment, automating card payment authorization and remittance reconciliation for suppliers.

Customers can activate these services easily with their banks to manage cash flow, improve fraud protection and receive program incentives. In addition, suppliers benefit from faster payment, lower collection risk and streamlined accounts receivable.