Wednesday , December 18, 2024

Mastercard And Virtual Cards And Other Digital Transactions News briefs from 7/24/23

  • Mastercard Inc. launched Mastercard Receivables Manager, aimed at streamlining the process businesses use to accept and process transactions on virtual cards.
  • The 20-year-old billing platform eLabs announced it has rebranded itself as Vizibill.
  • The Bitcoin ATM network Bitcoin Depot Inc. reported it expects second-quarter revenue to total between $196 million and $198 million, up 17%-18% compared to the year-ago figure of $168 million. The 7-year-old company operates approximately 6,400 machines in North America.
  • Earned-wage access provider Branch launched Branch Direct, a service aimed at allowing businesses to pay workers immediately with transfers to their existing bank accounts through a linked debit card.

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