PYMNTS

DECEMBER 16, 2020

EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release. Suppliers will have improved cash flows.

Commercial Card 92

Commercial Card Visa Reconciliation B2B 92

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

B2B 88

B2B Process B2C Credit Cards 88

Fintech Finance

OCTOBER 2, 2024

As part of its ongoing investment in its B2B network and in enhancing buyer and supplier capabilities, American Express has announced a new offering by Boost Payment Solutions , a global leader in payments, to provide commercial virtual Card processing services to U.S. From delayed payments to timely payments.

Payment Solutions 98

Payment Solutions Point-of-Sale (POS) Payments Automation 98

PYMNTS

OCTOBER 1, 2020

Boost Payment Solutions , which works in optimizing payment cards, is partnering with Visa to give commercial card issuers, cardholders and suppliers more automation and flexibility in their experiences, according to a press release.

Commercial Card 74

Commercial Card Card Issuer Enrollments B2B 74

PYMNTS

DECEMBER 21, 2020

Consumers around the world have become intimately familiar with the “card-not-present” method of payment. 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.

Commercial Card 70

Commercial Card Cross-Border Payments Cross-Border B2B 70

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.

Commercial Card 80

Commercial Card Credit Limit Issuers Cross-Border 80

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.

Commercial Card 84

Commercial Card Online and Mobile Banking Payer B2B 84

PYMNTS

AUGUST 21, 2019

International B2B payments are in the crosshairs of many a firm eager to seize the opportunity to move the trillions of dollars that cross borders away from checks. But on an international stage, cross-border corporate payments can present challenges, especially when it comes to getting suppliers to adapt to digital payments.

Commercial Card 58

Commercial Card B2B Cross-Border Push-to-Card 58

Finextra

DECEMBER 1, 2023

In with the old, as good as new The first use of a commercial card for a B2B payment was recorded b.

B2B 59

B2B Commercial Card Payments 59

PYMNTS

JUNE 17, 2020

At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. Amadeus B2B Wallet Expands Functionality. Emirates Islamic Launches Cards For SMBs.

Commercial Card 67

Commercial Card Returns Debit Card Reconciliation 67

PYMNTS

NOVEMBER 18, 2020

Mastercard is teaming up with Network International , which works in digital commerce for the Middle East and Africa, to help drive the adoption of commercial payment services in that region, according to a press release.

Commercial Card 75

Commercial Card Visa B2B Reconciliation 75

PYMNTS

JULY 21, 2020

With accounts payable (AP) solutions increasingly paying attention to supplier needs, commercial card technologies have expanded their focus on both the AP and accounts receivable (AR) side of B2B transactions. OnPay Talks V-Card Adoption. Boost Enables STP For Corporate Cards. American Express Debuts AP Offering.

Commercial Card 70

Commercial Card B2B Payer Transactions 70

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

Commercial Card 68

Commercial Card B2B Small Business Push-to-Card 68

PYMNTS

FEBRUARY 4, 2020

That’s particularly true in accounts receivable (AR), with B2B suppliers not only needing money to flow in from their buyers, but high-quality transaction data for reconciliation, reporting and analytics. The drive for payment information is a key factor behind suppliers’ gradual path toward commercial card acceptance.

Commercial Card 61

Commercial Card Lockbox Reconciliation ACH 61

PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., Mastercard Adds B2B Payment Functionality With Commercial Cards.

Commercial Card 52

Commercial Card Innovation Procedures B2B 52

Fintech Finance

MARCH 14, 2024

Visa (NYSE: V), the world’s leader in digital payments, Merex Investment, and PayMate have partnered to digitise B2B rental collections through Visa’s BPSP solution provided by PayMate. In addition to this, it also helps their tenants with enhanced working capital while making payments using commercial cards.

B2B 52

B2B Facilitators Commercial Card Reconciliation 52

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.

Commercial Card 56

Commercial Card Small Business Credit Cards Push-to-Card 56

PYMNTS

FEBRUARY 27, 2019

card company interchange fees reached new levels earlier this year when the European Commission (EC) issued a $648.3 Payment Systems Regulator (PSR) continue their probes into competition of the card-acquiring space, with Mastercard and Visa offering late last year to cut swipe fees on tourist cards to help end the EC’s investigation.

Commercial Card 70

Commercial Card Caps Regulations Card Issuer 70

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. Velo Labs, Lightnet, Visa Collab On Blockchain SMB Payments.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

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.

Commercial Card 52

Commercial Card Payroll B2B Small Business 52

PYMNTS

MAY 13, 2020

EedenBull , a Norwegian FinTech, has rolled out its new commercial card platform to banks to take advantage of better B2B payment capabilities, according to a press release. The Q Business program involves improving payment and spending, initially with 65 Nordic banks selected by EedenBull.

Commercial Card 58

Commercial Card B2B Legal Small Business 58

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. The shift to digital payments has been gaining momentum.

B2B 115

B2B Payments Reconciliation Payer 115

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.

Commercial Card 53

Commercial Card Card Issuer Issuers B2B 53

PYMNTS

DECEMBER 2, 2020

There’s an imbalance in B2B payments — between buyers and suppliers, and between automation on one side of the cash flow equation and manual, paper-based processes on the other. Aquilina said that’s partly because historically, B2B payments innovation efforts — especially via FinTechs — have focused on buyers.

B2B 79

B2B Innovation Commercial Card Push-to-Card 79

Payments Source

MAY 3, 2018

With $120 trillion in B2B payments made each year, making even a tiny change in how businesses pay each other could unlock incredible value for buyers, suppliers, and their financial institutions, writes Dean M. Leavitt, CEO of Boost Payment Systems.

Commercial Card 67

Commercial Card B2B Payments ISOs 67

PYMNTS

JANUARY 8, 2020

There is more than one way to drive commercial card innovation. For vendors, commercial card acceptance can be a matter of wielding technology to lower interchange costs. One of the largest stories for the commercial card industry is the recent complaint filed by the U.S. Uber Jumps Into Biz Card Rewards.

Commercial Card 52

Commercial Card FTC Federal Trade Commission Small Business 52

PYMNTS

MARCH 13, 2020

Despite its demonetization policy, a thriving eCommerce climate, and continued growth in electronic and mobile payments, card penetration remains especially low in India, hovering at about 2 percent to 3 percent. It’s an interesting phenomenon, especially considering the path to corporate card adoption elsewhere.

Commercial Card 52

Commercial Card Credit Cards Wire Transfer Non-Bank 52

PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

B2C 118

B2C B2B Innovation FinTech 118

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. The cards offer an “enhanced” checkout experience on Amazon.co.uk

Commercial Card 99

Commercial Card Innovation Push-to-Card Credit Cards 99

PYMNTS

APRIL 13, 2020

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on Monday (April 13). He will focus on developing cloud-based solutions for corporate payments across sectors including travel and healthcare. He also previously worked at U.S.

B2B 95

B2B Payments Commercial Card Processors 95

PYMNTS

NOVEMBER 4, 2019

Earnings season is upon us, offering insight into business spending among payment network giants such as Visa , Mastercard and WEX — across cards and, of course, cross-border payments. In the Mastercard results late last month, management said it had seen growth across credit, debit, prepaid and commercial spending.

Commercial Card 40

Commercial Card B2B Visa Cross-Border 40

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.

B2B 94

B2B Commercial Card Credit Cards Addressing 94

Payments Dive

NOVEMBER 3, 2022

As it pursues more fintech clients, the payments processor sees B2B and commercial cards as areas ripe for expansion.

Global Payments 78

Global Payments FinTech Commercial Card Processors 78

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.

B2B 104

B2B Point-of-Sale (POS) B2C Due Diligence 104

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.

B2B 65

B2B Cross-Border Commercial Card Cross-Border Payments 65

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.

B2B 110

B2B Payments Wires Wire 110

PYMNTS

OCTOBER 19, 2020

Mastercard has added new B2B payment features in the Asia Pacific, intending to bolster its services for businesses looking for diverse payments methods, a press release says. The new payment facility will help to boost cash flow management and automate payments.

Visa 75

Visa B2B Accounts Cross-Border 75