Oracle and Mastercard have partnered to automate end-to-end B2B payment transactions for enterprise customers. The partnership will enable Oracle to connect its Fusion Cloud Enterprise Resource Planning (ERP) platform with banks to streamline and automate B2B finance and payment processes. Mastercard’s virtual card technology will be integrated into Oracle Cloud ERP, allowing customers to pay suppliers quickly and securely via Mastercard’s global payments network and providing benefits such as fraud protection and streamlined accounts receivable for suppliers. HSBC is the first bank to embrace the solution and will offer it to Oracle customers in the U.S. and U.K.

Oracle and Mastercard Enable Customers to Get Faster Access to Working Capital