Remove Cash Management Remove Commercial Card Remove NACHA
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Why Incremental Card Adoption Is Enough For Better Cash Management

PYMNTS

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express (Amex) to offer companies an integrated platform to support supplier payments via virtual commercial card. But the hurdle of card adoption persists.

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Corcentric Joins The B2B Payments Game

PYMNTS

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. But there’s more to choosing a payment technology than supplier acceptance.

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ACH Offers Middle Ground For Buyers, Suppliers

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But ACH is already a top rail for B2B payments: NACHA released figures earlier this year that found $41.6 Sure, there are other payment rails, like commercial cards, that can provide this kind of payment visibility to the corporate buyer.

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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

This report, however, suggests that not only is ACH most preferred, but it is viewed as the most efficient payment method; 80 percent of banks surveyed in the report said they support NACHA as their standard payment origination offering. Electronic corporate payment technologies are expected to continue to increase, too, the report said.

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