Question

    ________  has partnered with KredX, with an aim to revolutionise B2B digital payments, ensuring benefits for both enterprises and vendors &  integrating its commercial card services into the KredX platform, effectively streamlining the intricacies commonly associated with B2B payments, especially those involving cards.

    A American Express Correct Answer Incorrect Answer
    B Mastercard Correct Answer Incorrect Answer
    C Visa Correct Answer Incorrect Answer
    D FedEx Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Mastercard has partnered with KredX, a supply chain finance platform, in a strategic move aimed at revolutionising B2B digital payments, ensuring benefits for both enterprises and vendors. This partnership involves Mastercard seamlessly integrating its commercial card services into the KredX platform, effectively streamlining the intricacies commonly associated with B2B payments, especially those involving cards. The newly launched platform comes equipped with an array of powerful features, including dynamic discounting, early payment options, and price discovery mechanisms.

    Practice Next