Mash Payments and Adyen have collaborated to enhance Mash’s card issuance and expenditure management systems in the United Kingdom and Europe.
This partnership expands on Mash’s established presence and local card issuance network, leveraging Adyen’s technological platform to support growth among multinational corporations. The collaboration aims to enable the distribution of locally-denominated cards for businesses operating across both regions, with a goal to enhance transaction acceptance and operational stability at scale.
Among Mash’s enterprise clients are companies such as Coralogix and GoGlobal, which benefit from travel and expense (T&E) management services tailored for complex international spending environments.
Mash’s Open Architecture and FX Fee Reduction
A distinctive feature of the partnership is Mash’s strategy in corporate card infrastructure. Instead of requiring enterprises to replace existing banking relationships, Mash allows organizations to integrate Adyen-powered, Mesh-issued local currency cards with their primary corporate cards from other providers. This approach aims to remove foreign exchange charges on regional transactions while maintaining established payment processes.
Mash centralizes oversight and control over both its issued cards and external bank cards through a unified automation layer, offering enterprises a comprehensive view of global spending regardless of the underlying card provider.
Strategic Importance
The UK and European corporate payments sector has witnessed increasing demand for versatile multi-channel spend management solutions as businesses aim to streamline the management of cross-border expenses. Partnerships between T&E platforms and acquiring and issuing infrastructure providers have emerged as a prevalent path to securing necessary regulatory approvals, local scheme connectivity, and reliable processing to meet the needs of large corporate clients.
For Adyen, this partnership represents an additional step in its provision of embedded financial services for fintech companies operating within the enterprise spending domain.
