A payment transaction using a card that is not physically presented to the merchant.
SCP: payments in real time around the globe
In many fields of business―the travel industry and online retail are just two of many examples―numerous suppliers need to be paid quickly for the products and services they provide.
Time-consuming and cost-intensive payment methods like interbank transfers fall short. Fortunately, there’s an effective, highly convenient alternative. With Supplier and Commission Payments, you can automatically create virtual credit cards tailored to your specific requirements and use them to make B2B payments worldwide. Besides being fast and economical to use, they are extremely secure.