Approval2Buy™

Programme control - Sets benchmark for excellence with dynamically-generated, single use accounts. Maximises security with a robust set of innovative controls.

Clarity - Simplifies reconciliation and ability to achieve 100% transaction matching. More transaction data results in better insights to optimise the programme.

Flexibility - Integrates with AP systems for seamless processing. Handles global programmes with AP departments in multiple countries.

• Program Admins can set up, adjust and manage the controls required for their company
• Manage purchase templates, groups and types for complete control and oversight for the virtual cards programme.
• Payment Control and Audit reports for complete visibility of virtual card activity
• Reporting on virtual card requests, authorisations and clearing for activity monitoring and reconciliation.
• Email communication can be customised for virtual card request confirmations or status information

Create and manage Virtual Account Numbers - Create and manage Virtual Account Numbers Explanation: dynamically-generated, unique account numbers associated with specific payments not employees or departments.

Automated reconciliation - VCN data available for reconciliation reporting.

Enhanced Data - Information important to each individual payment can be incorporated in to the transaction.

• Link virtual cards into Apple Pay and Google Pay to make on-the-go business purchases
• Flexibility to use cards for non-employees, travel, meetings and events and unexpected or one-time payments
• Powerful control features to ensure security and optimal use
• Supported by the Mastercard In Control App which allows for contactless and instant payments, expense management and budget trackings 
• Find out more and apply for Mobile Virtual Cards