Mastercard Incorporated’s MA virtual card solution, Track Instant Pay, recently landed its first processor in the United States, Marqeta, Inc. MQ. Marqeta, a global card issuing platform, integrated the virtual card solution to facilitate instant payment of supplier invoices.The technology, using machine learning as well as straight-through processing, is expected to help Marqeta’s clients in the domestic market to authorize a payment immediately after receiving invoices. The move is expected to significantly reduce the time taken for manual approvals.The virtual card solution can increase savings by reducing expenses related to costly check processing fees. The deal strengthens Mastercard and Marqeta’s partnership. The Track Instant Pay belongs to MA’s suite of business-to-business products. The new deal is expected to increase volumes in MA’s vast network.The move indicates growing demand for digitizing business payments. Mastercard, with its ripe portfolio of technology products and payment solutions, stands well poised to capture a significant portion of the market.Mastercard’s products take advantage of data and automation to reduce payments fraud risks, costs and time consumption while boosting approval rates and efficiency. It resorts to partnerships for bolstering its capabilities and global presence.Price MovementsShares of Mastercard have improved 1.5% in the past year against the industry’s 17.4% fall.Image Source: Zacks Investment ResearchZacks Rank & Key PicksMastercard currently has a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader Business Services space are PaySign, Inc. PAYS and AppHarvest, Inc. APPH, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Based in Henderson, NV, PaySign offers prepaid card products and processing services. The Zacks Consensus Estimate for PAYS’ 2022 earnings indicates a 340% year-over-year surge.Morehead, KY-based AppHarvest works as an applied agricultural technology firm. The Zacks Consensus Estimate for APPH’s 2022 bottom line indicates a 13.9% year-over-year improvement. Just Released: Zacks Unveils the Top 5 EV Stocks for 2022 For several months now, electric vehicles have been disrupting the $82 billion automotive industry. And that disruption is only getting bigger thanks to sky-high gas prices. Even titans in the financial industry including George Soros, Jeff Bezos, and Ray Dalio have invested in this unstoppable wave. You don't want to be sitting on your hands while EV stocks break out and climb to new highs. In a new free report, Zacks is revealing the top 5 EV stocks for investors. Next year, don't look back on today wishing you had taken advantage of this opportunity.>>Send me my free report revealing the top 5 EV stocksWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA): Free Stock Analysis Report Paysign, Inc. (PAYS): Free Stock Analysis Report AppHarvest, Inc. (APPH): Free Stock Analysis Report Marqeta, Inc. (MQ): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research