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Mastercard and NatWest Launch Mobile Virtual Card Partnership
Nov 05, 2024
Contract Type
partnership
United KingdomFinancial ServicesFinanceFintechLendingBanking
Description
Mastercard and NatWest announced a partnership to introduce a mobile virtual card payment tool for businesses, enabling point-of-sale transactions and online payments via digital wallets. The service offers customizable spending controls and provides a payment solution for temporary workers, infrequent travelers, and recruits.
Company Information
Company
NatWest Group
Location
United Kingdom
About
NatWest Group is a banking group with a focus on wealth management. It includes high net-worth bank Coutts and has been involved in a de-banking crisis resulting in the resignation of two of its bosses.