Mastercard's Marc Pettican on the road to a $17.4 trillion virtual card market

Podcast: Tearsheet Podcast: Exploring Financial Services Together · Tearsheet Studios

Opublikowano: 2026-08-05

Every account payable and account receivable department runs on the same friction: invoices chased four or five times, payments late more than 30% of the time, and credit control teams that can run 20, 30, even 50 people deep at a mid-sized corporate. Virtual cards were built to solve exactly that problem, and the growth numbers show it — spend is projected to hit $17.4 trillion by 2029, according to Juniper Research. Today I'm joined by Marc Pettican, global head of corporate solutions at Mastercard, who's spent decades working both sides of the payments ecosystem, from the merchant acquiring side to leading commercial cards. We get into wh...