PYMNTS

JUNE 20, 2017

PNC Bank is linking its corporate clients with a new mobile solution that links users of its Visa commercial cards into mobile wallet solutions Apple Pay, Android Pay and Samsung Pay. Instead, the mobile pay app creates a virtual card number unique to each transaction. labor force. .” ” U.S.

Commercial Card 44

Commercial Card Online and Mobile Banking Payer Card Issuer 44

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

B2B 65

B2B Cross-Border Commercial Card Cross-Border Payments 65

PYMNTS

OCTOBER 17, 2017

In B2B payments, it’s not just the movement of money that’s a pain point for companies — it’s the tracking of that payment and the ability to reconcile those transactions that can be a major headache for both payers and payees. In an announcement on Tuesday (Oct.

Automation 47

Automation Reconciliation Card Issuer Payee 47

PYMNTS

AUGUST 11, 2020

Indeed, solving some of the biggest AP challenges increasingly requires aa strategic focus not just on the payer, but on the supplier accepting that transaction. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either.

B2B 110

B2B Payments Wires Wire 110

PYMNTS

APRIL 12, 2016

According to Vendor Centric, there are four key benefits for nonprofits when it comes to the v-card. Commercial cards are often a preferred payment choice among payers for their opportunity to build up rewards. Virtual cards, the report noted, can do the same. The first is cash rebates.

Commercial Card 40

Commercial Card Credit Cards Reconciliation Payments Tools 40

PYMNTS

SEPTEMBER 28, 2016

In a separate statement, Argo CEO Luigi Botto pointed to the benefits virtual cards can have for corporate payers. Earlier this year, WEX announced that it would shutter it consumer-facing travel card solution in an effort to focus on the corporate travel payment market.

Payer 64

Payer Push-to-Card B2B Reconciliation 64

Stax

MARCH 14, 2024

Payments work by giving the payer a link to complete the transaction. This would take them to the gateway where they can pay by credit card, Paypal, or other payment options the payee wishes to add. The business has to collect extra information from the payer to qualify for these levels.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

OCTOBER 22, 2019

Bank introduced a new eBilling tool also designed both for billers and payers. Designed to take the guesswork out of AP, Bank of America’s new Accounts Payable Optimization solution is certainly marketed as a tool that reduces friction for corporate payers. Bank Targets Both Billers and Payers.

Payer 40

Payer B2B Commercial Card Faster Payments 40

PYMNTS

SEPTEMBER 10, 2018

Digital payments, faster transaction times, streamlined reconciliation, and greater visibility and control are all key components to an improved corporate payments offering, noted Uma Wilson, director of bank products at UMB Financial Corporation. “In corporate America, people are not just eight-to-five,” she said.

Commercial Card 40

Commercial Card Payer Reconciliation B2B 40

PYMNTS

DECEMBER 30, 2020

Yes, many organizations shifted the needle away from the paper check toward ePayment tools like commercial cards and ACH as a result of necessity. According to Markus Jansson , chief product officer of Payer , for instance, real-time onboarding of new customers on eCommerce platforms will become vital to the success of B2B vendors.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

JANUARY 12, 2021

Part of that strategy increasingly involves the migration of commercial cards , and especially virtual cards, within functions like AP. One factor behind T&E as an early adopter of virtual cards has been universal acceptance.

B2B 91

B2B Payments Commercial Card Best Practices 91

PYMNTS

DECEMBER 8, 2017

But as the virtual card hype builds, some shortcomings have surfaced too. Overall, virtual cards — indeed, commercial cards as a whole — still face adoption barriers. Different countries are at different points on the maturity curve when it comes to use of virtual cards,” explained Gail.

Payer 43

Payer Payments Reconciliation Data Breach 43