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Virtual card transactions to increase 388% by 2028 thanks to API platforms - (TREASURY NEWS)

OpenTreasury

CHAPTER

Virtual Card Transactions and the Role of APIs in Business Banking

This chapter discusses how virtual card transactions are predicted to increase by 388% by 2028, driven by the adoption of API virtual card issuing platforms. It also highlights the benefits of virtual cards, such as enhanced data matching, simplified accounts payable, and quicker payments.

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