Mastercard Rolls Out New B2B Payments System in the U.S.

Mastercard (NYSE: MA) is making a new attempt to capture an important customer base. The company announced Tuesday that it has launched a new business-to-business (B2B) platform in the U.S. called Mastercard Track Business Payment Service.

Track is a multidimensional platform that allows businesses and their suppliers to conduct a wide range of activities using a variety of payment methods. Mastercard touted the flexibility of its system, citing as an example the way suppliers can tailor the way they are paid by each of their buyers.

Image source: Mastercard.

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Source Fool.com