Mastercard Expands Virtual Card Platform with New Security Controls, Embedded Payments Network and Single API Access
New issuer controls, enhanced clearing controls and expanded embedded payments capabilities help enterprises and financial institutions manage virtual card programs with greater security, visibility and scale.
Citi first to launch new capabilities
Mastercard today announced a series of enhancements to Mastercard In Control® – the industry-leading virtual card number (VCN) platform according to Kaiser Associates – reinforcing its position as a global leader in secure, scalable B2B payments. New innovations include advanced virtual card controls that help reduce risk across the full payment lifecycle, and one scalable connection to Mastercard’s growing embedded partner network — enabling enterprises, financial institutions and platforms to manage payments with greater confidence, flexibility and efficiency.
Mastercard’s VCN ecosystem now includes issuers, direct platforms and corporates transacting across 43 countries and 174 currencies, underscoring its ability to support global expansion while maintaining consistency and oversight.
