The new virtual virtual virtual credit card of Oceanpayment Mastercard aims to reduce the operational costs of multi-monnactor accounts while improving conversion rates
Hong Kong,, February 17, 2025 / Prnewswire / – Oceanpayment, a global supplier of digital payment solutions, and Mastercard announced today the launch of the very first Oceanpayment payment card, a Mastercard virtual commercial credit card. The new product is designed to help cross -border merchants to reduce the operational costs of the accounts with several currencies while improving conversion rates. Merchants can quickly request and set up the Oceanpayment card online, as the virtual card offers higher efficiency in B2B payments abroad to ensure the management of flawless, compliant and secure cash flows.
Simplify financial management
According to the Virtual card reference survey Directed by RPMG Research and commanded by Mastercard, 85% of banking leaders questioned worldwide believe that virtual cards improve organizational processes, including efficiency, reconciliation, system integrations and compliance. In addition, 84% of them estimate that virtual cards improve cybersecurity, reduce fraud and increase data security. Thanks to the new Virtual Oceanpayment card, companies can now more easily meet the common financial management challenges associated with traditional cross -border transactions, in particular by managing several currencies and in real time, among others, further optimizing their operational management.
LANNY YANGCo-founder and chief executive officer of Oceanpaymentsaid: “Based on expertise and experience and experience of the oceanpayment in acquiring space and deep integration with mastercard capacities to allow the emission of virtual cards, we are delighted to launch our new card product, by completing our all-in-one fund management solution to a solution to manage all-in-one funds to a management solution for all-in-one funds to a management solution From all-in-one funds to an all-in-one fund management solution to an all-in-one fund management solution to an all-in-one fund management solution to a fund management solution All-in-one to a solution to manage all-in-one funds to rationalize the acceptance and disbursement of payments.
Helena ChenGeneral manager, Hong Kong & Macao,, MasterCardsaid: “This partnership with Oceanpayment not only highlights MasterCard’s commitment to provide innovative, flawless and secure payment solutions, but also underlines the strength of its support for issuers. With the B2B virtual card, estimated expenses to reach $ 1.3 billion by 2028[1]Mastercard is happy to be the favorite partner of choice for digital payment solutions, taking advantage of his expertise and experience in virtual cards, end -to -end support for issuers, as well as his global acceptance network . “”
Faster, safer and more stable payment without delays
The launch of a MasterCard virtual commercial credit card represents a key step in the global Oceanpayment digital payment infrastructure. This marks an important evolution of transaction capacities to a holistic ecosystem which provides the simplicity, safety and efficiency of digital payments in the cash flow operations of merchants. By rationalizing B2B payment processes and reducing transaction time, it allows companies to manage their digitally working fund.
The Oceanpayment card eliminates delays in transaction management and treatment between consumers, traders, international card regimes and issuing banks. It allows faster, safer and more stable payment interactions while improving the operational efficiency of traders, transparency and predictability. This reduces dependence on traditional and ineffective processes, offering a rationalized and optimized payment workflow.
In addition, the new virtual card allows cross -border merchants to carry out smart and integrated cash flow management systems and provides diversified commercial payment support for global operations. By incorporating emission services, traders can considerably improve the effectiveness of international payments in online and offline scenarios, including advertising, subscriptions, consumption, purchases and commercial travel. With the automated and integrated solutions of Oceanpayment, traders take total control over their financial visibility, effectively minimizing operational friction.
The new Oceanpayment card can effectively respond to operational pain points in cross -border payments and meet the various needs of commercial payment scenarios by providing traders more precise solutions, in particular:
- Integrated transactions for efficiency: All-in-one solution which incorporates the acquisition and emission of services, allowing transparent fund connectivity and considerably improves the efficiency of cash flow management.
- Instant activation with full features: as the activation of the instant card and rapid transactions. This allows a full service full of full window with deeply integrated multifunctional capabilities.
- Versatile payment scenarios: Skilled merchants with various payment scenarios, to support aviation, advertising subscriptions, purchasing management, logistics and education.
- Shared card limits for global scope: supports the main settlement currencies, including HKD and USD, as well as more than 140 transaction currencies. It facilitates multi-monnaments shared limits and rationalized exchange processes for transparent payment experience.
- Belonging to secure and global coverage: As a Mastercard issuer, Oceanpayment has managed to operate the MasterCard world network, allowing vast international payment coverage. It meets the various commercial payment needs of merchants, focusing on convenience, safety and efficiency.
Oceanpayment: simplify world payments
Over the past decade, Oceanpayment has devoted itself to empowering global partners with professional expertise and exceptional services. It has constantly strengthened the payment infrastructure by integrating open APIs and digital services, transparently connecting payment technology to all aspects of the cross -border payment ecosystem.
The complete solutions of the company unlock a wide range of cross -border commercial scenarios, in particular the services to acquire global, financial payment gateways, intelligent risk management and compliance operations. This holistic approach allows the transparent integration of cross -border commercial models, technological innovation and product offers, promoting the global expansion of cross -border merchants.
For the future, Oceanpayment will continue to improve its products and services from the payment chain thanks to technological innovation. He undertook to offer cross -border merchants a more practical and safer experience of “global payment”. The company aims to facilitate the digital and intelligent transformation of companies to accelerate growth and promote high quality development of global cross -border electronic commerce.
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About MasterCard
Mastercard feeds economies and empowers people in more than 200 countries and territories worldwide. With our customers, we build a sustainable economy where everyone can prosper. We support a wide range of choices of digital payments, which makes it safe, simple, intelligent and accessible transactions. Our technology and innovation, our partnerships and our networks combine to provide a unique set of products and services that help people, businesses and governments to achieve their greatest potential.
About the ocean
Oceanpayment is one of the main world payment service providers empowering companies with secure, practical, professional and simple payment solutions for cross -border transactions. We take advantage of advanced technology, robust infrastructure, efficient risk management and proven expertise to provide transparent payment experiences. The treatment of continuous transactions for hundreds of thousands of merchants in more than 200 countries and regions, allowing them to accept and treat payments transparently and maximize income growth.
References:
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[1] Juniper Research, Virtual Cards, Strategy & Forecast, 2021-2026. |
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