Transcard Launches SMART Disburse Embedded Disbursement Platform

On July 15, 2021, Transcard launched SMART Disburse, an embedded disbursement platform designed to simplify outbound payments for businesses. The platform supports multiple payment rails including ACH, virtual cards, Real-Time Payments (RTP), and Mastercard Send, allowing payers to choose the optimal method for each transaction. SMART Disburse integrates with legacy software and ERP systems through APIs and drop-down menu interfaces, minimizing the need for major system overhauls.

The embedded nature of the platform means businesses can initiate disbursements directly from their existing workflows. This launch is notable for the embedded finance space as it addresses the complex needs of B2B and B2C disbursements across multiple rails from a single integration point. No pricing details were disclosed at launch.