Tech Mahindra and Mastercard Partner on B2B Payments

Tech Mahindra has partnered with global payments leader Mastercard to modernize and streamline enterprise B2B payments. 

Tech Mahindra has announced a strategic partnership with Mastercard to help global enterprises modernize their business-to-business (B2B) payment systems.

The collaboration focuses on embedding secure virtual card and advanced payment capabilities directly into existing enterprise resource planning (ERP) and procurement platforms, allowing businesses to optimize working capital, strengthen financial controls and simplify supplier transactions.

Traditional corporate payment systems often involve fragmented processes, manual approvals, and complex reconciliation challenges that create friction between finance, procurement, and supplier management teams. By combining Tech Mahindra’s digital transformation expertise with Mastercard’s embedded finance and virtual card ecosystem, the partnership bridges this gap.

Integrating Mastercard’s payment solutions into established enterprise software environments enables organizations to automate transactions, enhance fraud prevention, improve compliance, and achieve real-time financial visibility without needing to discard their existing technology investments.

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Commenting on the value of the collaboration, Roshan Shetty, Head of BFSI & Public Sector for the Americas at Tech Mahindra stated that

“Enterprises should not have to choose between modern payment capabilities and the technology investments they already rely on. Together with Mastercard, we are bringing payments directly into the flow of procurement and finance. This partnership will also enable enterprises to leverage Agentic-AI workflows to optimize and modernize at their own pace while creating a faster and more connected experience for their suppliers.”

Rebecca Meeker, Senior Vice President of B2B Platforms and Embedded Finance at Mastercard also added by saying

“Embedding payments directly into the platforms enterprises use every day can transform commercial payments from a manual process into an integrated, intelligent part of the procurement and finance workflow. Our partnership with Tech Mahindra brings together payments and enterprise transformation expertise to help organizations automate payment processes, improve visibility and control and optimize working capital while creating more efficient, connected experiences for their suppliers.”

By turning commercial payments into an intelligent, native part of daily procurement and finance workflows, the partnership empowers organizations to eliminate manual bottlenecks, accelerate payment execution and build stronger, more transparent relationships with suppliers across global markets.