Payments solution provider TSYS snagged a deal with JPMorgan to provide its Virtual Payment Precept card to the bank’s corporate customers.
Corporate customers can use the B2B payables card is for both accounts payable and accounts receivable to reconcile transactions. The card also has single-use account capabilities. It is issued by Mastercard and Visa.
In a statement issued yesterday, Naney Pandit, Head of Commercial Card Product at JPMorgan:
Virtual cards are a vital component of our clients’ payments strategy and business operations and this will continue to power our clients’ and suppliers’ growth.
To learn more about B2B payments, join us on March 5-6, 2018 at the Parc 55 in San Francisco for Bank Innovation 2018. Click here to request an invitation.1 - Reader Likes This Post