Catalyst from Teampay

Teampay and Mastercard Launch Digital Corporate Card

Catalyst by Teampay is the first corporate card built on the foundation of the Mastercard digital first experience.

Teampay has teamed up with Mastercard to launch ‘ Catalyst by Teampay’, a new digital corporate card that combines the technology of Teampay’s platform with Mastercard’s industry-leading capabilities, ushering in a new era of a premium commercial card experience for executives.

Catalyst by Teampay is the first corporate card built on the foundation of the Mastercard digital first experience. Nearly 90% of in-person transactions globally now take place at a contactless-enabled merchant, according to recent data from Mastercard. Recognizing the demands and expectations for digital payments options, Catalyst builds on this trend already established by consumer behaviour as business travel and expenses begin to rebound.

Upon company issuance, Catalyst can be pushed to a cardholder’s mobile wallet so they can make purchases immediately online, in-app, and at the point of sale. This powerful digital experience is accompanied by a contactless metal card. With its sleek design, the Catalyst card is numberless, allowing cardholders to access their information via digital environment. Additionally, cardholders can easily lock the physical card if misplaced, access their transaction history and balance information, receive alerts, and view card benefits.

New, upcoming research from Kelton and Teampay uncovered that 70% of finance professionals contend senior-level executives poorly manage their expense reports. Catalyst offers a top-tier experience for executives who have their own discretionary spending authority.

In addition to being digitally driven, this premium offering provides World Elite Mastercard benefits and services, including car rental and travel insurance, purchase protection, Mastercard ID Theft Protection, concierge services, and more. Catalyst combines these important elements directly with the ease of use, automation, and transparency provided by Teampay’s spend management software to create a next-generation executive card that sets the foundation for the future of business spend.

“The role of digital has forever transformed the way we transact and has shifted the expectations for quick and simple payments,” said Sherri Haymond, executive vice president, Digital Partnerships at Mastercard.

“We’re pleased to couple our leading solutions and benefits with Teampay’s intuitive platform to deliver a digitally-motivated, relevant and secure experience for the commercial card segment.”

Leveraging Teampay’s existing capabilities, finance teams benefit from real-time visibility into Catalyst purchases and automated reconciliation into their accounting systems. This ultimately eases the burdens of hunting down receipts and closing the books at the end of each month for finance teams. Catalyst will also make it simple for executives to purchase what they need, online or offline, with their digital or physical Catalyst Card.

To ensure the best possible user experience and improve offline purchasing, Teampay is launching a new iOS app, Teampaygo. Through this app, Teampay users and card owners will be able to request funds, check balances, access digital cards, upload receipts in real time, and more.

“Catalyst by Teampay is a groundbreaking step forward for the future of corporate cards,” said Andrew Hoag, CEO of Teampay.

“Teampay is dedicated to streamlining and simplifying the process for spend, no matter how or where purchases are made. Our partnership with Mastercard allows us to deliver a digitally driven proposition offering our customers a state-of-the-art experience.

As an exclusive, luxury card for executives, Catalyst is an exciting opportunity to build upon Teampay’s existing capabilities that revolutionize corporate spending.”

Teampay has experienced steady momentum in the past year as its customers continue to grow and create demand for increasingly complex business processes and premium offerings. Catalyst and the company’s partnership with Mastercard further expand its capabilities to optimize the business process for spend. 

My Cart Close (×)

Your cart is empty
Browse Shop

Rapid Mobile

Rapid Mobile uses cookies, tokens, and other third party scripts to recognise visitors of our sites and services, remember your settings and privacy choices, and - depending on your settings and privacy choices - enable us and some key partners to collect information about you so that we can improve our services and deliver relevant ads.


By continuing to use our site or clicking I Accept, you agree that Rapid Mobile and our key partners may collect data and use cookies for personalised ads and other purposes, as described more fully in our privacy policy.


You can change your settings at any time by clicking Manage Settings or by visiting our Privacy Centre for more detailed information.


Privacy Settings saved!
Cookie Services

We need your consent so that we and our trusted partners can store and access cookies, unique identifiers, personal data and information about your browsing behaviour on your device. This enables us to serve relevant content and advertising to you, and to improve the service that we provide to our readers. This only applies to we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

These cookies allow us to count visits and traffic sources, so we can measure and improve the performance of our site.

We track anonymized user information to improve our website.
  • _ga
  • _gid
  • _gat

Save my preferences