{"id":23726,"date":"2021-04-18T21:00:00","date_gmt":"2021-04-18T18:00:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=23726"},"modified":"2026-03-27T22:11:03","modified_gmt":"2026-03-27T19:11:03","slug":"mastercard-track-business-payment-service-welcomes-hsbc-uae-as-part-of-mission-to-help-modernize-the-middle-east-and-africas-b2b-payment-ecosystem","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/mastercard-track-business-payment-service-welcomes-hsbc-uae-as-part-of-mission-to-help-modernize-the-middle-east-and-africas-b2b-payment-ecosystem\/","title":{"rendered":"Mastercard Track\u2122 Business Payment Service Welcomes HSBC UAE as Part of Mission to Help Modernize the Middle East and Africa\u2019s B2B Payment Ecosystem"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><em>HSBC launches Mastercard Track\u2122 Business Payment Service&nbsp;for commercial customers in the UAE&nbsp;<\/em><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/saudishopper.com.sa\/ar\/?p=40196\" target=\"_blank\" rel=\"noreferrer noopener\">\u0639\u0631\u0628\u064a<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Saudi Arabi &#8211;&nbsp;<\/strong><strong>18 April 2021&nbsp;\u2013<\/strong>&nbsp;Technology leader Mastercard continues to deliver on its promise to modernize business payments worldwide and across the Middle East and Africa region, announcing a new partnership with HSBC&nbsp;that will provide the bank\u2019s commercial customers in the UAE with an enhanced business-to-business&nbsp;payment experience via the Mastercard Track\u2122&nbsp;Business Payment Service.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The latest collaboration will result in the launch of Mastercard\u00a0<a href=\"https:\/\/www.mastercard.us\/en-us\/business\/large-enterprise\/grow-your-business\/mastercard-track.html\" target=\"_blank\" rel=\"noreferrer noopener\">Track\u2122<\/a>\u00a0Business Payment Service in the UAE.\u00a0\u00a0With partnerships across all regions around the world, Mastercard Track Business Payment Service helps companies simplify and optimize how they pay and get paid through a global open-loop network. Businesses have greater control of their payments with rich data exchanges and the ability to automate payments across multiple payment rails.\u00a0Among the benefits for businesses are the ability to scale, improved security and control, cash flow efficiency and digitization of existing manual processes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe launch of Mastercard Track Business Payment Service is a game-changer for the Middle East and Africa region. We are seeing a structural need to digitize and automate B2B payments across all our markets, accelerated by the global pandemic, and Mastercard Track allows us to fully take advantage of this opportunity. We are thrilled to have partnered with HSBC to further deliver on modernizing the business payment ecosystem by delivering a better payment reconciliation experience for HSBC business customers in the UAE,\u201d\u201csaid&nbsp;<strong>Girish Nanda, Country Manager, UAE &amp; Pakistan, Mastercard<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In November 2020, Mastercard\u00a0<a href=\"https:\/\/www.mastercard.com\/news\/press\/2020\/november\/mastercard-advances-multi-rail-strategy-to-modernize-business-payments\/\" target=\"_blank\" rel=\"noreferrer noopener\">announced<\/a>\u00a0the addition of global Card payment capabilities to Track Business Payment Service and Account-to-Account functionality in the United States, with plans to scale globally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC launches Mastercard Track\u2122 Business Payment Service&nbsp;for commercial customers in the UAE&nbsp; Saudi Arabi &#8211;&nbsp;18 April 2021&nbsp;\u2013&nbsp;Technology leader Mastercard continues to deliver on its promise to modernize business payments worldwide and across the Middle East and Africa region, announcing a new partnership with HSBC&nbsp;that will provide the bank\u2019s commercial customers in the UAE with an [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":20731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-23726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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