SUNRATE secured Mastercard Partner’s Annual Award

SUNRATE was among this year’s Mastercard Partner’s Annual Awards, securing an award for the New Mastercard Product Launch Mastercard Wholesale Program for 2022.

The Mastercard Wholesale Programme is to provide the entire industry with scalable and seamless cross-border B2B payments, leading to a more secure and frictionless experience for both merchants and their customers. Currently, over 400,000 travel providers in more than 200 countries depend on Mastercard to improve reconciliation efficiency, ensure payment flow visibility, maintain liquidity, offer payment protection and guarantee payments. The Mastercard Wholesale Program utilises virtual card technology, fixed interchange rates, and transparent issuing and acquiring core fees to reduce costs, enhance operational efficiencies, and decrease risk for both travel agencies and travel suppliers.

SUNRATE is proud to have secured this award with Mastercard, as we aim to be a leading provider in payment by offering a new streamlined approach for travel payments via our (Virtual) Commercial Card.

SUNRATE's commercial cards have been one of the most revolutionary developments in business payments. We have proven our ability to innovate and provide a peace of mind while processing payments, especially for the travel industry. Moving forward, we have begun revolutionising business payments in the ecommerce and (online) advertising space, where respective stakeholders are already using our commercial cards for their business payment needs.

With SUNRATE commercial cards, you can:

1. Facilitate real-time and batch virtual cards issuance using our platforms and APIs
2. Set your own card limits and expiration dates
3. Create single and multiple use cards with easy account reconciliation
4. SUNRATE also supports major global currencies including USD, EUR, GBP, SGD and JPY.

It is also important to note that SUNRATE is certified to the international financial data security standard: Payment Card Industry Data Security Standard (PCI DSS) Level 1 and we are also the principal member of Mastercard.

Find out more about how SUNRATE can revolutionise business payments for you by speaking with our commercial cards specialist today.