BNY Mellon offering MasterCard's Payment Gateway to clients

03/10/2010 | Bank Technology News

BNY Mellon Treasury Services is rolling out MasterCard's Payment Gateway in hopes of increasing payment efficiency across corporations that have been reluctant to implement new technology. Many corporations still use paper checks in their business-to-business models, despite efforts by banks to increase technological solutions. "The virtual card allows our clients to continue processing the same way they process today," said Laura McGortey, product line manager for BNY Mellon Treasury Services.

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