Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook Follow The Paypers on Google +
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
E-invoicing, SCF & E-procurement

Mastercard launches trade finance platform

Friday 14 September 2018 | 10:29 AM CET

Mastercard has rolled out a digital trade platform called Mastercard Track, designed to make it easier for companies to manage payments in supply chains.

The US based multinational financial services corporation’s digital trade platform Mastercard Track will enable businesses identify to and assess potential international customers and suppliers, and manage global payments electronically. The database will include information on more than 150 million companies worldwide.

Mastercard representatives have declared that global commerce is surprisingly inefficient and especially difficult for modest-sized companies to break into. The company has developed Track in collaboration with Microsoft and is working with nine companies that supply business-to-business software. The aim is also enable communication between SMEs and their suppliers, build trust and get a better assessment of the payments schedule.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement