Payments solution provider TSYS snagged a deal with JPMorgan to provide its Virtual Payment Precept card to the bank’s corporate customers.
Corporate customers can use the B2B payables card is for both accounts payable and accounts receivable to reconcile transactions. The card also has single-use account capabilities. It is issued by Mastercard and Visa.
In a statement issued yesterday, Naney Pandit, Head of Commercial Card Product at JPMorgan: