Checkout.com and Mastercard partner to bring virtual cards to Online Travel Agents [Yahoo! Finance Canada]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance Canada
The partnership supports Online Travel Agencies (OTAs) and other travel sector businesses that use cards to make B2B payments, as the market is forecast to reach $1.5 trillion in revenues by 2027 [1] The partnership follows Checkout.com's launch last year of in the UK and Europe , enabling brands to issue, process, and manage card programs, and combine with acquiring to fund cards efficiently LONDON May 2, 2024 /PRNewswire/ -- Checkout.com, a leading global digital payments provider, today announces a partnership with Mastercard to bring virtual cards to Online Travel Agents. As part of the Mastercard Wholesale Program , which reduces costs for travel businesses through virtual card technology and an innovative pricing model, customers of Checkout.com will be able to pay their suppliers more easily and benefit from higher conversion rates by issuing virtual cards. "Mastercard remains committed to powering the travel economy with digital payment solutions that provide greater
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MA
Earnings
- 5/1/24 - Beat
MA
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/16/24 - Form 4
- MA's page on the SEC website