Card 2 Account - A Leap Towards Advanced Financial Management
The launch of ‘Card 2 Account’, an innovative payment feature, is the centerpiece of this collaboration. This system, integrating Mastercard’s cutting-edge technology, automates payment processes, significantly expanding the payment options available to businesses.
Addressing B2B Market Challenges
Despite the growing use of credit cards in the B2B context in Italy, the limited acceptance of cards and insufficient integration with company Procure-to-Pay (P2P) systems have posed significant challenges. With the ‘Card 2 Account’ solution, PlusAdvance overcomes these barriers, enabling businesses to make payments to any supplier by transforming card payments into direct bank transfers to suppliers’ accounts, seamlessly aligning with existing P2P processes.
Unique Benefits for Businesses
The ‘Card 2 Account’ feature offers a unique advantage: the ability to use Mastercard commercial cards complementarily with other payment solutions. This means leveraging the available credit lines on the cards to send direct payments to suppliers, combining flexibility, security, and enhanced data.
Looking to the Future
This partnership between PlusAdvance and Mastercard not only marks a step forward in the efficiency of B2B payments, but also represents a shared commitment to driving innovation and digital transformation within the sector. PlusAdvance is determined to further expand its solutions, offering increasingly flexible services to simplify and optimize the financial management of businesses.
Read the news on
