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Mastercard VCN commercial payments
Tech and Marketing

Mastercard simplifies commercial payments

01.06.2025
2 min read

How Mastercard VCN technology improves commercial payments

Mastercard has unveiled a new solution based on embedded virtual card technology that optimises commercial payments. This approach greatly simplifies the interaction between multiple service providers, such as banks, companies and platforms. In addition, the innovation helps to scale without redesigning multiple processes.

How the platform works

Mastercard’s new service aims to accelerate the adoption of virtual cards. It is available through VCN technology, which enables seamless and maximally consumer-friendly commercial payments.
VCN is a virtual card number solution available through the payment system’s platform. In addition, the technology is integrated with an extensive partner network, expanding its deployment options. As part of this service, Mastercard has partnered with ERP platforms that help businesses plan their resources. This integration helps implement VCN solutions to automate workflows. VCN is also compatible with other platforms, including:
– working capital providers;
– expense accounting systems;
– meeting and event software;
– hotel booking platforms.
Seamless integration with other software makes implementing virtual cards into a company’s operations quick and easy.commercial payments

Solution benefits

The new feature is available from April 2025 through banks that use Mastercard VCN. These banks provide their partners with access to a special programme. It allows them to accelerate the implementation of built-in consumer interfaces for commercial payments.
Using the new service from the payment system is a favourable option for all parties:
1. Banks benefit through scalability. More payments also flow through them.
2. Platform partners expand services by offering customers in-built payment solutions with simplified integration.
3. Corporate customers benefit from a better user experience that reduces the number of steps involved in making payments.
For corporate employees, business tools must be as intuitive and simple as the services they use in their daily lives. Mastercard’s embedded solutions can be easily integrated into corporate systems. This greatly simplifies workflows and allows processes to be streamlined, increasing overall efficiency.
The platform helps shorten the connectivity process while providing access to the many tools of the VCN ecosystem. The solution also eliminates the need for direct interaction between banks and partners. The platform takes care of all operations and automates the connection. Users get access to the technology directly in their familiar software environment. There is no need for additional training or adaptation to new interfaces. This saves time and reduces the costs associated with implementing new solutions.
In this way, the Mastercard platform becomes a reliable and effective tool for optimising business activities and increasing operational efficiency.

Tags: Tech and Marketing
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