Apiso works with back-end financial services providers that are members of the global payment schemes to automate the provision and administration of virtual cards
for B2B supplier payments across multiple industry segments.
The Virtual Card
Receivables Service will aggregate information from Mastercard Issuers related to Virtual Card
payments by their corporate customers and compile it into one comprehensive file, available in a digital format that is preferred by suppliers, including Microsoft Excel and CSV.
Leading international FinTech company, Conferma Pay, is the world's foremost provider of virtual card
HSBC has launched virtual cards
for its corporate customers in Egypt.
The discussions have also only focused on a single virtual card
type as being representative of all virtual cards
It has predicted that it will take 800 years to run out of the 16-digit numbers needed for every new virtual card
It uses application programming interface (API) to enable commercial purchasing clients to connect directly to the bank's virtual card
Points earned are consolidated in a single rewards wallet which comes with a virtual card
powered by PayMaya, the leading digital payments wallet in the country.
UBL's Virtual Prepaid Card stands out from the competition, since it provides its account holders the flexibility to call-up the Contact Center or log-on to their internet banking at any point in time 24x7 and get their virtual card
in less than 10 minutes; without any hassle and requiring no paperwork or documentation.
Commenting on the successful roll-out of this unique service, Sharjeel Shahid - Group Head Banking Products, said; 'The UBL Virtual Card
is for anyone and everyone who is looking for convenience, safety and security when going online to shop at their favourite website or to make payments.
Around 65 million users of the MobiKwik wallet will gain access to an IDFC Bank virtual card
embedded within the app, making digital purchases at all e-commerce merchants easier and faster.
ISLAMABAD -- Faysal Bank Limited (FBL), one of the leading banks in Pakistan, has become the first commercial bank to launch a virtual card
in the country.