Tech Mahindra has partnered with Mastercard to integrate secure virtual card and payment capabilities into enterprise resource planning (ERP) and procurement platforms. The initiative aims to help global organisations optimise working capital, enhance spend controls, and accelerate transaction execution without replacing existing technology investments.
Combining Tech Mahindra’s enterprise transformation expertise with Mastercard’s embedded payments capabilities and global virtual card ecosystem will help corporations modernize and optimize how they manage commercial payments – embedding secure, intelligent payment capabilities directly into procurement, ERP, and financial workflows. Together, the partnership can accelerate the shift from traditional, fragmented payment processes to seamless embedded finance, while helping enterprises improve working capital, strengthen supplier relationships, increase automation, and enhance security, fraud prevention, and compliance.
Mastercard’s embedded payment capabilities will also be integrated with enterprise environments spanning leading ERPs, and other procure-to-pay and source-to-pay platforms. By making payments an integral part of established procurement workflows, enterprises will be able to automate transactions, gain greater financial visibility, and reduce operational friction across finance, treasury, accounts payable, procurement, and supplier management functions.
Modernizing enterprise payments through embedded finance
Organizations continue to navigate growing procurement complexity, supply-chain volatility, working capital pressures, fragmented supplier management, and manual approval processes. Traditional B2B payment systems can further create inefficiencies in onboarding and reconciliation while limiting real-time visibility. Tech Mahindra and Mastercard will address these challenges through API-led integration, payment automation, real-time reconciliation, fraud management, and enhanced payment controls within the software environments businesses already use.
“Enterprises should not have to choose between modern payment capabilities and the technology investments they already rely on,” said, Roshan Shetty, BFSI & Public Sector Head, Americas, Tech Mahindra. “Together with Mastercard, we are bringing payments directly into the flow of procurement and finance. This partnership will also enable enterprises to leverage Agentic-AI workflows to optimize and modernize at their own pace while creating a faster and more connected experience for their suppliers.”
“Embedding payments directly into the platforms enterprises use every day can transform commercial payments from a manual process into an integrated, intelligent part of the procurement and finance workflow,” said, Rebecca Meeker, SVP of B2B Platforms and Embedded Finance at Mastercard. “Our partnership with Tech Mahindra brings together payments and enterprise transformation expertise to help organizations automate payment processes, improve visibility and control, and optimize working capital, while creating more efficient, connected experiences for their suppliers.”
Unlike standalone payment offerings, the partnership is designed to integrate financial capabilities directly into existing business processes. This approach will allow enterprises to connect procurement modernization with broader ERP and digital transformation initiatives, creating a more automated and resilient B2B payments ecosystem.
