Thredd first to supply Actual-Time B2B journey cost management by way of Mastercard wholesale program

LONDON, UK — 12^th August, 2025 —Thredd, a number one next-generation international issuer processor, in the present day introduced it has develop into the primary to supply its journey company prospects actual time cost management by way of new versatile product codes made potential by way of the Mastercard Wholesale Program (MWP).

This new functionality permits Thredd’s prospects to higher reply to provider wants primarily based on geography, product sort and quantity, whereas optimizing business-to-business journey funds by way of higher visibility, adaptability, and management.

The MWP was designed to higher help the worldwide nature of the journey business, providing higher safety and predictability of cross-border funds between journey patrons and suppliers. Based on business suggestions, the Program has now advanced to supply real-time cost management, permitting issuers to seamlessly transition between product codes on a real-time foundation. These product codes enable journey organizations to adapt digital card know-how in actual time, primarily based on provider or product want. Thredd is the primary Issuer-Processor to supply this enhanced function to its prospects.

“Mastercard is committed to curating and scaling payment technologies that meets the specific needs of the travel sector,” mentioned Chiara Quaia, Senior Vice President, Travel at Mastercard. “We’re thrilled to see Thredd launch the flexible product codes now available through the Mastercard Wholesale Program, a solution we will continue to enhance and evolve based on industry feedback to accelerate virtual card innovation and better support the needs of our travel partners.”

“In the travel space, speed and cost-efficiency are critical,” mentioned Jim McCarthy, CEO, Thredd. “With the enhanced flexible product code feature, enabled through the Mastercard Wholesale Program, OTAs and other travel clients can unlock more agile and scalable payment flows, while keeping operational overhead to a minimum. It’s a strong example of what’s possible when modern issuer-processors and global networks work together to solve industry-specific challenges.”   

Thredd goals to ship value optimization and improved pace in provisioning and settling funds with journey suppliers, to finally enhance provider relationships and provide extra flexibility in how these teams scale throughout markets. 

 

About Thredd 
Thredd is the trusted next-generation issuing processing associate for innovators trying to modernise their funds choices worldwide. We course of billions of debit, pay as you go and credit score transactions yearly, serving over 100 fintechs, digital banks, and embedded finance suppliers, from client to company, primarily based throughout 47 international locations.

 

Contact 
Simeon Lando 
Chief Marketing Officer 
press@thredd.com