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September 30, 2022
On the web
Speedchain Partners with Mastercard to Modernize Commercial Debit and Credit Payments
EIN News
“Speedchain Inc., a fintech focused on revolutionizing business to business commerce via its connected data platform, today announced a multifaceted partnership with Mastercard. Leveraging Mastercard’s network and innovative payments technology, Speedchain member organizations of all sizes can experience modernized ways to pay by connecting virtual purchasing cards to the Speedchain platform and leveraging Mastercard rails for vendor payments. Speedchain members can now connect Mastercard virtual cards to the Speedchain B2B SuperApp, which is designed to offer improved payment security, enriched data, and enhanced user experience for vendors through its reporting, cash management and threat detection capabilities. Speedchain helps public and private sector enterprises pay in real time, detect and prevent fraud, and manage efficiencies for a streamlined payment process. This partnership with Mastercard is a part of Speedchain’s journey to accelerate and add capacity to its platform, which has distributed over $1.6 Billion in both corporate and government sector transactions since 2021.”
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