BankingBusinessFinTech

NatWest Launches Approval2Buy: Virtual Card Solution for B2B Payments with Mastercard

  • NatWest has introduced Approval2Buy, a B2B virtual card solution developed with Mastercard’s technology.
  • This allows businesses to issue virtual cards instantly, offering custom spending controls and secure payment options for employees, from full-time to temporary staff.
  • Enabled by Mastercard’s tokenization technology, Approval2Buy enhances security by using virtual card numbers instead of real card data, supporting secure online and digital wallet payments.
  • This new tool positions NatWest as a regional leader in virtual card innovation for corporate payments.
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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