MasterCard has announced mobile innovations and feature enhancements to Smart Data, including a new mobile receipt application that saves corporate cardholders from the burden of filing paper receipts for expenses.
The new Smart Data Mobile Receipt Capture App for iOS, Android and Blackberry users enables corporate cardholders to directly upload receipt images by taking a smartphone picture and attaching it to the transaction when filing their expense report, allowing cardholders to toss the paper receipt.
In addition, MasterCard is piloting a Mobile Fleet e-Receipt App to assist businesses and governments needing accurate and timely data to manage automotive fleets. The mobile fleet app allows drivers to visit any fuel merchant and enter the data required by their fleet managers, including the type and amount of fuel purchased, the price paid per gallon, the odometer reading, along with many additional features.
“Providing companies with comprehensive data on spending is the first step in helping to streamline their expense management,” said Robert Reeves, group head, Commercial Information Platforms Global Commercial Payments, MasterCard. “Our Smart Data products provide the most up-to-date tools and analytics that turn expense management from concern to success in a challenging business environment like the one today.”
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