Virtual card issuance through Mastercard Track Business Payment Service grew 89% year over year in Q1 2026, the network disclosed in its quarterly commercial payments update. The growth is concentrated in enterprise procurement, where finance teams are embedding single-use virtual cards directly into ERP-triggered approval workflows.
The average transaction size on Track virtual cards rose to $14,200, up from $11,800 a year ago — indicating adoption is moving upstream from travel and expense into strategic vendor payments and capital expenditures.