Digital Wallets in B2B: A Strategic Upgrade for Modern Business Payments

November 7, 2025

Why Digital Wallets Are Becoming Essential in B2B

Combining digital wallets with virtual cards brings three core advantages:

  • Speed: Payments that once took days now happen in seconds.
  • Control: Set spending limits, expiration dates, and merchant restrictions – all via digital interface.
  • Security: With tokenization and temporary card numbers, risks from fraud or compromise drop dramatically.

Industries from construction to professional services are already benefiting, empowering field teams to buy essentials on the go, with complete accountability and compliance.

Benefits That Transform Business Operations 

Here’s how digital wallets upgrade key business functions:

  •  Cash Flow Management: Accelerates receivables and gives real-time visibility into account movements.
  • Cost Efficiency: Eliminates check processing, reduces errors, and lowers manual workload.
  • Customer & Partner Experience: Effortless, transparent payments that strengthen business relationships.

How M&T Helps You Leap Forward with Digital Wallets

Digital-Ready Merchant Tools

Accept digital wallet payments (Apple Pay, Google Pay, Samsung Pay) securely through M&T Bank Merchant Services, speeding checkout and enhancing your customer experience.

Virtual Card Issuance & Controls 

Issue corporate virtual cards with real-time controls and tracking. Pair them with managed digital payment workflows through M&T BizPay and cash management tools for seamless control.

Real-Time Reporting & Fraud Protection 

Get instant visibility into transaction data and leverage tools like ACH Positive Pay to eliminate unauthorized payments and fraud risks.

Next Steps to Digitize Your B2B Payments 

Strategy     What to Do  
1. Accept Wallet       Payments    Enable digital wallet acceptance through M&T Merchant Services to meet modern buyer expectations.
2. Deploy Virtual Cards Issue virtual cards with usage controls via BizPay, integrating with your business workflows.
3. Empower Cash Flow Monitor payments in real time; simplify reconciliation with digital transaction reporting.

Final Thought: Embrace the Digital Payments Revolution 

  • Digital wallets and virtual cards in B2B aren't experimental . . . they're becoming essential. Get started today:
  • Modernize your payment acceptance with Merchant Services
  •  Control spending smarter with virtual cards via BizPay and Cash Management
  • Secure your operations with real-time transaction monitoring and fraud tools like ACH Positive Pay

 

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For educational purposes only. Always consult a qualified professional about your personal situation.
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