Video 1 of 4: Basware and MasterCard Partnership - What is this partnership about?

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Basware and MasterCard announced their partnership in 2013. In this series of four videos, hear what Esa Tihilä, CEO of Basware, and Hany Fam, President, Global Strategic Alliances, MasterCard, have to say about the partnership.

There is a great need for an integrated electronic invoicing and payment platform on a global scale. The business-to-business trade market is worth over $100 trillion and the majority of it, probably 95 per cent, is non-electronic payment and hence non-efficient. Basware and MasterCard combine real-time payment processes with the Basware Network to deliver immediate cost and efficiency savings to companies of all sizes.