Mastercard has partnered with Payrails to enhance enterprise digital payments. This partnership will simplify transactions, increase flexibility, and provide secure financial solutions worldwide.
The collaboration aims to modernize enterprise payment systems. It will streamline complex transactions and optimize financial operations for global businesses. Mastercard’s strong network and Payrails’ expertise will introduce innovative payment solutions. These will integrate easily into enterprise systems.
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Expanding Payment Solutions Worldwide
The partnership will first launch in a specific region. It will then expand globally to serve enterprises handling large transactions. Businesses will gain a competitive advantage by using robust payment infrastructures. They will also benefit from regionally adapted solutions.
“At Mastercard, we work with our enterprise partners to develop and implement seamless and adaptable payment solutions. Building on our shared long-term commitment to driving continuous innovation and transforming the digital payments landscape, our strategic collaboration with Payrails will reinforce our position as a trusted network that powers the modern digital economy,” said Amnah Ajmal, Executive Vice President, Market Development, EEMEA, Mastercard.
Enterprises will enjoy a more flexible payment experience. Customers will have access to localized payment options. This will improve the checkout process and make transactions more efficient.
“We are delighted to team up with Mastercard to deliver unparalleled payment solutions that enhance transaction security, offer unprecedented scalability and reduce time to market.
“The collaboration will enable us to consolidate our reputation as the payment platform of choice for leading enterprises seeking regionally relevant digital payment infrastructure that aligns with global needs, in addition to expanding the reach of our advanced payment operating system.
“We look forward to setting new industry standards and paving the way for sustained growth together,” said Orkhan Abdullayev, CEO and co-founder, Payrails.
Acquirers will also benefit from the collaboration. They will have a faster and more efficient way to onboard enterprises. This will help large businesses manage their complex payment needs.
Mastercard and Payrails are committed to reshaping digital payments. They will help enterprises adapt to an evolving digital economy with seamless and secure financial solutions.