Mastercard and TripLink expand partnership to APAC

Mastercard and TripLink have expanded their partnership from Hong Kong to Asia Pacific, introducing a cross-border payment experience for businesses to enhance travel recovery. As the sector is experiencing soaring B2B payment needs, sales are increasingly conducted in varying foreign currencies, the process has been simplified via Mastercard's global network. TripLink can now issue virtual cards for its Asia Pacific businesses and suppliers especially in the tourism industry. The agreement between Mastercard and TripLink, originally signed for local collaboration in 2019, has now been extended across the entire Asia Pacific region. The region-wide expansion provides businesses with faster, safer and…