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B2B Commercial Card Credit Cards 
PYMNTS
JANUARY 2, 2019
While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. But so far, mobile B2B payments have been slow to take off.
PYMNTS
OCTOBER 7, 2020
Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. Wyndham Unveils Credit Card For Small Business Travelers.
PYMNTS
SEPTEMBER 14, 2016
13) highlighted a recent trend by organized criminals: the use of commercial cards to launder money across borders. These so-called “transnational organized crime” groups recognize B2B payments via credit card as a potential way to skirt detection from regulators. ” Furst asked.
Payments Source
DECEMBER 6, 2020
Banks trudging along slowly with digital advancements are getting a push from virtual card technology providers touting the concept of mass distribution for commercial card issuers.
157 
PYMNTS
JULY 10, 2020
Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. And with the pandemic all but wiping out business trips, the commercial card could be at a crossroads.
PYMNTS
NOVEMBER 26, 2018
Adoption of commercial cards in B2B payments has emerged as one of the hottest industry topics of the year thanks to new FinTech innovations and industry leaders like Visa and Mastercard making a push further into the market. percent of incoming payments volume for B2B vendors by 2020 — up just 1.5
PYMNTS
DECEMBER 21, 2020
Now businesses in Asia have an option to embrace “card not needed” as the pandemic continues to accelerate business models. That option, which extends to commercial cards , is being presented by Singapore-based CardUp. Ramsay said she believes commercial cards have been underused in Asia.
PYMNTS
SEPTEMBER 22, 2020
For small, mom-and-pop retailers, complex or proprietary procurement platforms simply aren't in the cards. With the pandemic accelerating businesses' digital shift , small retail buyers have shifted their buying operations to the B2B eCommerce realm, and for many, the online marketplace operates in lieu of a procurement solution.
94 
PYMNTS
JULY 31, 2020
In the midst of a surge of new software solutions and FinTech platforms available to B2B companies, the enterprise resource planning (ERP) system continues to retain its reputation as the single source of truth within an organization, a sort of motherboard to connect and streamline many workflows into one. A Commercial Card Strategy.
95 
PYMNTS
NOVEMBER 30, 2018
Expense management company DiviPay is rolling out what it says is Australia’s first Mastercard virtual commercial card for corporate payers, and the first solution in the country that combines payments with expense management automation.
PYMNTS
DECEMBER 30, 2020
The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails. Often, that means the cooperation of multiple rails at once.
119 
PYMNTS
FEBRUARY 26, 2020
As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card as a way to round out their products and services with a more holistic offering. Below, PYMNTS takes a look at the latest in commercial card innovation.
PYMNTS
NOVEMBER 27, 2020
As B2B eCommerce accelerates its technological innovation, and as adoption grows, it continues to look toward the world of B2C to implement optimized end-user experiences – for both the buyer and the seller. Extending trade credit directly at the point of sale is a major opportunity for B2B sellers to similarly drive up sales.
104 
Fintech Finance
SEPTEMBER 27, 2024
PayMate , a B2B payment solutions provider, has officially entered into a strategic partnership with De’Xandra – Malaysia’s leading perfume brand, in a move aimed at revolutionizing B2B payment processes and boosting the growth of Malaysian SMEs.
98 
PYMNTS
JULY 9, 2020
With commercial credit cards historically viewed as a payment vehicle for businesses to make one-off purchases for the office or while on a business trip, the small business credit card has yet to catch up to adoption volumes seen by other payment methods like direct bank transfers in the B2B payments space.
Stax
MARCH 14, 2024
During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. But what about in the business-to-business (B2B) sector? Industry data shows that the B2B payments landscape is rather diverse. Learn More What are B2B Payments? Not sure where to start?
88 
PYMNTS
JUNE 26, 2018
American Express (Amex) and Amazon have teamed up to release a new commercial card product designed for small businesses (SMBs) buying on the Amazon platform. Announced today (Tuesday, June 26), the co-branded card for SMBs in the U.S. Amazon and Chase have an existing relationship to offer consumer card solutions.
PYMNTS
DECEMBER 3, 2020
Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. But suppliers don't often accept cards and the interchange costs associated with them.
88 
PYMNTS
JANUARY 2, 2019
When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Yet, 2018 was certainly a big year for commercial cards, and for credit card giants’ B2B payments aspirations overall. Visa Acquires Fraedom.
75 
PYMNTS
DECEMBER 17, 2020
Commercial card adoption is on the rise as B2B buyers embrace the opportunity to take advantage of working capital float and even open up new revenue streams through rewards programs. Overcoming the Anti-Card Bias. Acceptance on Your Terms'.
PYMNTS
JUNE 20, 2019
Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.
PYMNTS
MARCH 13, 2020
Yet in only the last few months — and even weeks — India’s FinTech startup community has seen a proliferation of commercial card innovation. It’s an interesting phenomenon, especially considering the path to corporate card adoption elsewhere. “All of these expenses require a credit card,” he said.
PYMNTS
SEPTEMBER 23, 2020
Yet adoption remains limited, largely thanks to corporates' ongoing use of more traditional payment methods like ACH or even physical cards. Yet this week's commercial card innovation tracker finds B2B financial service providers embracing the virtual card for a range of use cases, including fleet, corporate travel, and vendor payments.
87 
Fintech Finance
JANUARY 16, 2024
TreviPay , the most-trusted B2B payments and invoicing network, today announced the launch of its Universal Acceptance solution to expand supplier access to and faster implementation of TreviPay’s payments and invoicing technology, in partnership with Mastercard.
52 
The Fintech Times
APRIL 8, 2024
Qincheng Wang , head of product at SUNRATE, commented: “More and more businesses seek out the same degree of convenience and security that they enjoy in their everyday personal transactions – therefore, even though we are known to be a global B2B payment platform, we’re thrilled to bring Apple Pay to our customers.
59 
PYMNTS
NOVEMBER 15, 2019
Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as one that’s gaining traction in the accounts payable department. This, he noted, is Mesh’s entryway to the market of cross-border B2B payments.
65 
PYMNTS
JANUARY 20, 2020
Though adoption is on the rise , commercial cards still hold only a fraction of the corporate payments market — and an even smaller share of transaction volumes in accounts payable (AP). does allow, in many cases, for companies to add a surcharge to transactions when accepting commercial card payments.
PYMNTS
DECEMBER 16, 2020
As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Visa, FAB Roll Out Corporate Virtual Cards.
114 
PYMNTS
FEBRUARY 23, 2020
Revolution Payments is streamlining the process of commercial cards and interchange fees with its new NetSuite Level III Credit Card Processing Solution, the company announced on Friday (Feb. By providing Level-3 data, a supplier may reduce their credit card processing fees — often by 30 to 40 percent.”.
PYMNTS
JANUARY 22, 2020
Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For others, like NatWest and Sabre , that means collaborating on corporate card products that augment the end-user experience.
PYMNTS
FEBRUARY 24, 2017
Late last year, American Express made another B2B payments move in India by partnering with Uber , which now integrates Amex’s commercial card program into its Uber for Business solution to streamline corporate expense reporting.
73 
PYMNTS
OCTOBER 28, 2016
Whether through virtual payment technologies or faster payment initiatives, the B2B payments ecosystem has explored ways to accelerate the time it takes a buyer to pay its supplier. Some argue electronic payments, like credit cards, are the answer. What Doesn’t Work. Buyer Financing.
71 
PYMNTS
DECEMBER 12, 2019
Customers who sign up for Curve and select “self-employed” are reportedly given commercial cards without specific clarity or notification provided about why they are given a commercial card, and how it differs from a consumer card. percent on every transaction made with a commercial card, compared to the 0.2
Fintech Finance
FEBRUARY 9, 2024
Bahrain Commercial Facilities Company (BCFC), in a strategic partnership with Mastercard , is set to transform Bahrain’s commercial payments landscape with the introduction of their Commercial Cards Program for companies, corporations and small and medium sized businesses.
52 
PYMNTS
SEPTEMBER 24, 2019
Monthly installment payment solution provider Splitit is rolling out a B2B payments service offering, the company said Monday (Sept. Targeted toward small and medium-sized buyers and sellers, the platform allows buyers to procure goods with their business credit cards. 23) in a press release.
58 
PYMNTS
SEPTEMBER 11, 2017
Even as B2B payments progresses toward digitization, paper checks stick around. Meanwhile, commercial cards, while they can help digitize B2B payments, remain pretty low on the totem pole of accounts payable payment rails. Research from NACHA found accounts receivable professionals expect cards to account for 12.5
66 
Fintech Finance
APRIL 8, 2024
. “More and more businesses seek out for the same degree of convenience and security that they enjoy in their everyday personal transactions – therefore, even though we are known to be a global B2B payment platform, we’re thrilled to bring Apple Pay to our customers,” said Qincheng Wang, Head of Product, SUNRATE.
52 
PYMNTS
JANUARY 6, 2021
With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. Commercial Card, Global Commercial Services, Courtney Kelso in a statement. Hub-Suite Touts Card Perks For Corporates.
102 
PYMNTS
DECEMBER 30, 2019
Yet, according to Kris Carrera, general manager and business line executive of Credit Payments at FIS , the middle market is often underserved — particularly when it comes to commercial card products. In the credit card arena, rewards are king, Carrera said. Lacking the Right Product. Meeting Middle-Market Needs.
PYMNTS
DECEMBER 9, 2020
As corporate card innovation accelerates, new paths to adoption emerge. The solution sees suppliers able to send a payment link via email or SMS to their business customers, who, in turn, are directed to the Adflex payment platform, where invoices can be paid via debit, credit or commercial card.
PYMNTS
SEPTEMBER 26, 2016
From sourcing to invoicing, B2B transactions involve a lot of steps before the actual payment. Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction.
65 Payments Source
SEPTEMBER 25, 2019
Mastercard signaled a new direction for corporate payments when it bought VocaLink a few years ago, and the company’s emerging vision for a B2B payments network suggests a new challenge for its commercial cards business.
PYMNTS
DECEMBER 11, 2019
The interchange fees associated with commercial card acceptance are the latest target of commercial card optimization company Revolution Payments, which announced a new service designed to further reduce that burden on business-to-business (B2B) suppliers. In a press release Wednesday (Dec.
PYMNTS
DECEMBER 19, 2018
18), Extend said it is integrating its card issuing capabilities into the Visa Ready program, a framework for businesses that adopt Visa B2B payments solutions, enabling companies to more seamlessly access additional financial tools like accounts payable automation, virtual card functionality, data analytics and more.
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