“MasterCard is pleased to announce this alliance with Basware,” said Hany Fam, President, Global Strategic Alliances at MasterCard. “Together we are changing the way businesses are paid and get paid – delivering increased speed and control as well as cost savings for both buyers and suppliers. MasterCard’s world-class network, data and technology assets operating in tandem with Basware’s industry-leading purchase-to-pay network represents the ideal combination to make this happen. By combining one of the largest payment networks with a transaction network of comparable scale we are simplifying payments and increasing cash flow for businesses of all sizes.”For further information, please visit: www.basware.com/e-payment About MasterCard MasterCard (NYSE: MA), www.mastercard.com is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau. About Basware Basware provides open, secure, cloud-based purchase-to-pay and e-invoicing solutions to organizations of all sizes, resulting in greater efficiencies in procurement, accounts payable and accounts receivable. Companies across all industries, from small businesses to corporate giants use Basware solutions to drive sustainable cost savings, proactive insight to cash flows and improved buyer–supplier relationships. The Basware Commerce Network is founded on the principles of openness, where all types of organizations can collaborate and trade, making it the largest in the world. Today we connect millions of business users in 900,000 companies across over 100 countries.
Basware is the global leader in providing solutions for better buying, better selling and connected commerce. Find out how Basware boosts financial performance and profitability at www.basware.com .https://twitter.com/basware https://www.facebook.com/BaswareCorporation http://www.linkedin.com/company/basware