SHIFT · GLOBAL
Mastercard charts path to $17.4 trillion virtual card market
Mastercard is positioning virtual cards as the solution to endemic friction in accounts payable and accounts receivable workflows, targeting a $17.4 trillion addressable market by reducing late payments and invoice disputes.
WHY IT MATTERS
B2B payments migration from physical to virtual accelerating; first-mover networks effects favor Mastercard/Visa; corporate treasury workflows now AI-adjacent target for compliance and automation.
Source: Tearsheet · 2026-08-05