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Mastercard Innovates Business Payments
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APAC Virtual Card Expansion
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Mastercard introduces a mobile virtual card app for secure contactless payments aimed at business clients, launching initially in Australia and the South Pacific through HSBC Australia and Westpac, with global expansion plans.
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How might the introduction of virtual card app technology impact traditional corporate banking services?
In what ways could this innovation shape the future of digital payments in the corporate sector?
What challenges could arise in the adoption of virtual card apps by businesses and financial institutions?
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