Untilthe Italian platform of banking and business administration for SMEs, announced a partnership pioneering B2B (first in Italy) with Adyen e Mastercard. This collaboration offers businesses virtual debit cards unlimitedradically simplifying the management of company expenses and improving the autonomy of collaborators.
A new tool for expense management
The new offer from Tot introduce debit cards virtual corporate which can be issued in potentially large numbers unlimitedThese cards can be associated with specific spending categories, facilitating accounting and control of expenses. For example, businesses can track travel, advertising, fuel, and more in real time through the Tot app.
Benefits for SMEs
The partnership with Adyen and Mastercard allows Tot to offer a business account highly flexible and completeintegrated with the most advanced payment technologies. The Virtual debit cards can be added to digital wallets on Apple and Google Payallowing online or contactless purchases with extreme ease. This solution offers high levels of security, including protection against fraudulent or unauthorized purchases.
The partners’ vision
Doris MessinaCo-Founder and CEO of Untilunderlines the importance of this agreement: “Thanks to the collaboration with Adyen and Mastercard, Tot has developed a essential tool for corporate expense managementsignificantly improving the life of entrepreneurs and simplifying the accounting management of companies”.
Gabriel BeautiesCountry Manager di Adyen Italyadds: “We are enthusiastic about supporting the digitalization of Italian SMEs through this partnership Tot. The goal is to offer innovative payment solutions that optimize business processes and increase competitiveness on the market”.
The impetus of digitalization
The Italian context sees a growing adoption of digital payments, accelerated by the pandemic. According to the Innovative Payments Observatory of the Polytechnic University of Milan, in 2023 the turnover of the digital payments has reached the 444 billion euroswith a 12% increase compared to 2022. The new Tot’s corporate cards fit perfectly into this trend, supporting SMEs in the transition to digital.
With its offer of unlimited virtual corporate cards, Tot represents a psignificant step forward for Italian SMEsimproving theexpense management and making it easier to manage business expenses. This innovation, made possible by the collaboration with Adyen and Mastercard, further strengthens Tot’s position as a leader in the business account online.
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Source: diarioinnovazione.it