Mastercard introduced Bill Qkr on October 28, 2024, bringing together card-payment technology and support for businesses collecting bills. Initial participants included 2C2P, AXS, CardUp, Curacel and FitBank across Asia Pacific, Africa and Latin America.

The service included tokenized card storage for recurring payments and tools intended to keep credentials current when a card expired. Mastercard also described automatic invoices for fixed bills and QR-linked payment options for amounts that changed each month.

Among the first applications, 2C2P planned recurring Mastercard payments in Thailand's easyBills+ app. The wider easyBills platform offered utilities, mobile top-ups, tax payments and gift cards. Singapore-based AXS was also adding automated recurring payments to its mobile application.

Mastercard positioned Bill Qkr as a way to improve collection processes and reduce unnecessary payment declines. Participating companies could access product-development and implementation support. Those benefits were presented as the service's intended outcomes rather than independently measured results from the launch.