MineralTree Integrates Mastercard to Drive AP Payments on Commercial Cards
MineralTree has announced that it has integrated Mastercard In Control with its platform to drive the growth of accounts payable (AP) payments using commercial virtual cards.
MineralTree’s AP Automation solution streamlines the entire AP process, from invoice capture and approval to payment authorisation and execution. With the out-of-the-box integration to Mastercard In Control, financial institutions can offer their clients a way to convert paper cheques to virtual cards. This results in working capital benefits, as well as greater convenience, security, and control when paying vendors.
MineralTree’s Invoice-to-Pay solution is pre-integrated with Mastercard In Control. More than 25 leading financial institutions are offering MineralTree’s solution to better serve their commercial businesses. With the Mastercard partnership, MineralTree says it can deliver even more value to Mastercard-issuing banks.