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KredX & Mastercard Partners to make B2B Payment Rewarding

Published on September 08, 2023
Current Context: KredX and Mastercard have partnered to make B2B payments rewarding for enterprises and vendors, this partnership will integrate Mastercard’s commercial card service with KredX’s supply chain finance platform, which offers features like dynamic discounting, early payment and price discovery.
KredX & Mastercard Partners to make B2B Payment Rewarding
  • The platform will also eliminate the complexities associated with B2B payments, such as diverse invoicing, payment terms, currency variations, and reconciliation procedures.
  • The platform will also promote digital payments acceptance by allowing small vendors to receive payments without in-house payment gateways and point-of-sale (POS) machines.
  • This collaboration is expected to create a pioneering B2B payments solution accessible to all businesses, supporting them with better cash flows and access to working capital.

Question:

Q.1 What is the name of the supply chain finance platform that KredX offers?
a. Dynamic Discounting
b. Early Payment
c. Price Discovery
d. All of the above
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