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Thredd Becomes First Issuer-Processor to Offer Real Time Control over B2B Travel Payments through the Mastercard Wholesale Program

1. Thredd leverages Mastercard's Wholesale Program for real-time payment control. 2. This innovation aids travel agencies in optimizing B2B payment processes.

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FAQ

Why Bullish?

Thredd's innovation under Mastercard's program could enhance transaction volumes, benefiting MA. Historical examples like increased digital payment adoption can lead to stock price growth.

How important is it?

The article highlights a strategic partnership affecting transaction capability, which could lead to higher revenue streams for MA.

Why Short Term?

Immediate benefits may be observed as travel agencies adopt this technology. Previous trends showed spikes in MA's stock following new service announcements.

Related Companies

LONDON--(BUSINESS WIRE)--Thredd, a leading next-generation global issuer processor, today announced it has become the first to offer its travel agency customers real time payment control through new flexible product codes made possible through the Mastercard Wholesale Program (MWP). This new capability enables Thredd's customers to better respond to supplier needs based on geography, product type and volume, while optimizing business-to-business travel payments through greater visibility, adapt.

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