MasterCard Payment Gateway™

    The MasterCard Payment Gateway™ is a flexible enterprise-wide payment processing platform for routing commercial payments between buyers, suppliers and their financial institutions. This innovative offering gives companies a streamlined total payables solution designed to increase productivity and profits with enhanced security, while simplifying the entire payments process.

    The MasterCard Payment Gateway can manage multiple payment types, including card and electronic funds transfer (EFT) and is part of MasterCard's continuing effort to improve the payments process for businesses of all sizes, and revolutionize an industry traditionally dominated by check payments and wire transfers.

    The MasterCard Payment Gateway is a comprehensive, end-to-end modular solution that offers several key features, including buyer-initiated P-Card straight through processing, which significantly enhances security and control for financial institutions and their corporate customers. Other features include:

    • Single interface (“one-stop shop”) for all payment processing needs
    • User interface/Web portal for payment status and reporting
    • End-user integration (with current ERP/AP systems)
    • Payment rules engine
    • Supplier directory
    • Enhanced remittance information regardless of payment type

    Suppliers who process payments with the MasterCard Payment Gateway enjoy automated payments with straight-through processing, decreased paper check processing costs, automated reconciliation via enhanced remittance information for common payment types and preference among buyers who pay electronically.

    Buyers who rely on MasterCard Payment Gateway drive efficiencies by streamlining their payment options, integrating with existing accounts payable processes and saving money by enabling one connection. Through this buyers can have one streamlined total payables solution that can help them increase productivity, enhance security and potentially increase profits.

    MasterCard Payment Gateway Fact Sheet (96 KB PDF)