Remove B2B Remove Commercial Card Remove Payments Tools
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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support.

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The Economic – And Ergonomic – Value Of Commercial Card Optimization

PYMNTS

Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. Optimizing Card Spend.

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Wells Fargo Debuts Digital Supplier Payment Tool

PYMNTS

19) announced in a press release that it is adding a new solution to its WellsOne Virtual Commercial Card , enabling business customers to digitally pay invoices to suppliers and others. Each card payment is then assigned a virtual number tied to a commercial card account.

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Visa Commercial Pay Launches For Virtual Cards, Digitized B2B Payments

PYMNTS

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.

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Payment Tools Find Middle Ground Between Buyer, Supplier

PYMNTS

As more accounts receivable (AR) and accounts payable (AP) solution providers consider the other side of a B2B transaction, businesses increasingly discover that payment methods are an important part of finding middle ground between buyers and suppliers. Unified Payments Takes an AR Approach to AP Satisfaction.

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Mesh Eyes Virtual Cards For Global B2B Payments

PYMNTS

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. “But in the cross-border space, it’s a different ball game.”

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Commercial Cards Still Face Adoption Barriers

PYMNTS

Commercial cards have struggled to gain widespread adoption in B2B payments, and new research from Mercator Advisory Group aims to explain why — and how to overcome those adoption barriers. But corporate buyers often prefer cards to obtain rewards points.