Mastercard is once again expanding its presence in the B2B payments market, this time in the Asia Pacific region. A partnership with Eko-Pay, announced Thursday (March 16), will see the launch of Eko-B2B across APAC. The solution integrates with Mastercard’s inControl platform to automate accounts payable. In their announcement, the companies cited research from McKinsey that found B2B payments across Asia Pacific are still largely manual, with 90 percent of transactions conducted in cash. Read more: www.pymnts.com
