Gvcg Mastercard: Micro Businesses Can Move Financial Inclusion s Largest Roadblocks
Business data API provider聽Codat聽and聽JPMorgan Chase聽have teamed to promote virtual card adoption.Its the thinking behind the launch of Codats Supplier Enablement data product. Announced Tuesday April 16 , it lets businesses more easily share their spending and supplier data from enterprise resource planning ERP systems and accounting software.From there, card issuers can access the right data, in their preferred format, in order to recruit suppliers to accept virtual card payments instead of checks, on an ongoing basis. Now in production with J.P. Morgan, comme [url=https://www.stanley-germany.de]stanley germany[/url] rcial clients are able to establish and scale programs for paying their suppliers with virtual card by connecting to comprehensive and up-to-date supplier and spend data, Codat said in a news release provided to PYMNTS,By swapping static supplier payment files for secure and persistent API connections, the solution offers more robust data sets and complete analysis to banks, which should ultimately lead to an uptick in spend per connected client through its virtual card offering. With the rapidly-growing adoption of virtual cards for B2B payments, we felt the time was right to release a new data product specifically designed to transform supplier enablement and accelerate ho [url=https://www.stanley-cups.it]stanley thermos[/url] w the value of pay [url=https://www.stanleycups.pl]stanley polska[/url] ments innovation is realized in the market, said Codat CEO聽Peter Lord.Added聽Stephen Markwell, head of product strategy and FinTech partnerships for J.P. Morgans commercial banking unit: Thanks to our work with Codat, our clien Iuft The Lure Of Payments For The Holidays
Just as Samsung announced the latest additions to its line of Galaxy mobile devices 鈥斅爐he Samsung Galaxy S7 and Galaxy S7 edge聽鈥?the company also said that its mobile payment service is continuing its momentum [url=https://www.cups-stanley.fr]stanley fr[/url] of usage around the globe.According to Samsung, its mobile payment service has roughly 5聽million registered users and has processed more than $500 million in the six months since its release, with eligible credit and debit cards from more than 70 major and regional banks supported throug [url=https://www.stanleycup.fr]stanley france[/url] h the offering. Since its introduction last year, Samsung Pay has changed the way people pay and use their smartphones, Injong Rhee, EVP and head of RD, software and services of mobile communications business at Samsung Electronics, explained in a press release. Weve already seen significant [url=https://www.stanleycups.cz]stanley quencher[/url] consumer adoption, and we continue to see great momentum. Our aim is to expand Samsung Pay to even more locations around the world, and our customers should expect to see more features in the year to come, Rhee said.In the coming months, users can expect to see Samsung Pay reaching China, followed by Australia, Brazil, Singapore, Spain and the U.K. later this year. Canada is also expected to be a new addition on the companys global expansion roadmap for Samsung Pay.Samsungs mobile devices are also seeing expansion, with the new Samsung Galaxy S7 and Galaxy S7 edge smartphones hitting the market with what the company describes as enhanced design, software functionality and connectivity to a hos