Abstract: A method may include: receiving, from a client, a request to pay a supplier for a transaction using a virtual card account number; providing the virtual card account number to a payment provider information processing apparatus for the issuer; processing the transaction with a merchant acquirer information processing apparatus that settles the transaction with the issuer information processing apparatus over a payment network and the payment network without charging an interchange fee; sending payment for the transaction to the merchant acquirer information processing apparatus; sending the payment to the payment provider information processing apparatus that does not charge an acquisition fee; receiving the payment, deducting a discount rate from the payment, and depositing the payment minus the discount rate to a supplier merchant account; and issuing a payout from a supplier merchant account to a supplier bank account.

Abstract: Systems and methods for using integrated pay-on-demand virtual cards are disclosed. According to one embodiment, a method for using pay-on-demand virtual payment cards may include: (1) receiving, from a buyer electronic device, a selection of one or more goods or services offered by a supplier in the online marketplace and an indication that the buyer will use a pay-on-demand virtual payment card to pay for the goods or services; (2) receiving, from the buyer electronic device or a backend for a financial institution associated with the pay-on-demand virtual payment card, information for the pay-on-demand virtual payment card; (3) associating the pay-on-demand virtual payment card with the goods or services in a transaction; (4) providing the transaction to the backend for the financial institution; and (5) receiving a reconciliation file for the transaction from the backend for the financial institution.