Today in B2B payments, Routable readies high-volume B2B payments for transparency, and Bill.com collaborates with Microsoft. Plus, CLC Lodging talks corporate T&E, Mastercard Track launches in the UAE and Visa partners with TripActions.
From corporate cards to employee expense reports, there is no one-size-fits-all way to manage business travel and spend management. The technologies that offer flexibility, like virtual cards, will be the tools that shape the T&E industry’s future, says Kathy Bishop, vice president of product at CLC Lodging.
Mastercard is collaborating with HSBC to provide the latter company’s business clients in the United Arab Emirates with a bolstered business-to-business (B2B) payment experience through the Mastercard Track business payment service. The link-up between the two firms will bring about the launch of Mastercard Track business payment service in the UAE, according to an announcement on Sunday (April 18).
Travel and entertainment platform TripActions is collaborating with Visa to support the expansion of “digital-first payment solutions for business travel,” according to a Tuesday (April 20) announcement emailed to PYMNTS. The partnership will bring together Visa’s offerings and TripActions’ infrastructure to support expense management for TripActions’ large business clients throughout the U.S., and will also offer new tools to process payments.