Mastercard and Unipaas partnered to help the providers of vertical software-as-a-service (SaaS) platforms embed modern card processing capabilities.
The collaboration aims to digitize and streamline transactions in industries where digital payments remain underused, including health services, education, field services and professional training, the companies said in a Thursday (April 3) press release.
“Many [small- to medium-sized businesses (SMBs)] using vertical SaaS platforms today still rely on manual, offline payment methods, causing inefficiencies, poor user experiences and lost revenue opportunities,” Unipaas founder and CEO David Avgi said in the release. “Our partnership with Mastercard is about changing that.”
By embedding modern card processing capabilities into the platforms used by these SMBs, this partnership will help providers transition their platforms’ users from manual invoicing and bank transfers to card-based payments, improve acceptance…
