PYMNTS

MARCH 11, 2020

While QuickBooks is piloting card payments on invoices powered by PayPal , Airwallex is readying the launch of its own corporate card — both physical and virtual — designed to enable cross-border payments. Below, PYMNTS rounds up the latest in commercial card innovation. QuickBooks Adds Card Payment Support.

Use Case 52

Use Case B2B Commercial Card Cross-Border 52

PYMNTS

JANUARY 16, 2020

Prepaid corporate card solution provider Soldo is teaming up with NatWest to connect joint business customers to small business loan solutions. ” Commercial cards continue to be a focus for NatWest. According to reports Thursday (Jan. We’re thrilled to be working with them.”

Small Business 52

Small Business Payer Commercial Card Authorization 52

PYMNTS

DECEMBER 4, 2018

American Express is also enticing its business card members to shop with Dell via its “Shop Dell with Business Platinum” benefit, allowing payers up to $200 in statement credits a year when they make purchases from Dell.

Commercial Card 49

Commercial Card Payer Small Business On-Demand 49

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. “It streamlines payments and ease of paying by card,” Weiss told PYMNTS in an interview.

Commercial Card 47

Commercial Card Risk Push-to-Card Reconciliation 47

PYMNTS

APRIL 12, 2018

Bank is mobilizing Mastercard commercial card products, the financial institution (FI) announced on Wednesday (April 11). Bank Corporate Travel Card said it will now support mobile payments for corporate customers using business travel cards that run on the Mastercard network. In a press release , U.S.

Visa 46

Visa Commercial Card Payer Mobile Payments 46

PYMNTS

MAY 31, 2017

The company announced Tuesday (May 30) that it is enabling tokenization across its North American commercial card program, allowing businesses to let their own cardholders pay with a mobile device. As that figure rises, the number of corporate mobile payers is also expected to increase. To do this across all of our U.S.

Mobile Payments 45

Mobile Payments Commercial Card Card Issuer Issuers 45

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 Commercial Card Cross-Border Cross-Border Payments 65

PYMNTS

AUGUST 30, 2018

Commercial card adoption can face an array of barriers, and one of the largest is a lack of supplier acceptance due to interchange fee costs. Descoteaux recently told PYMNTS that businesses using a travel management company (TMC) may charge for virtual card capabilities, though.

Commercial Card 40

Commercial Card Payer Credit Cards Small Business 40

PYMNTS

NOVEMBER 20, 2018

Plastiq allows businesses and consumers to pay Klarna with their credit cards, while Klarna will then pay their bills on the appropriate payment rail. The tool also helps companies pay bills that typically aren’t paid via cards, such as rental payments. .”

Credit Cards 60

Credit Cards Payer Commercial Card NOV 60

PYMNTS

JANUARY 17, 2020

Matan Bar, co-founder and CEO of Melio Payments , recently spoke with PYMNTS about the challenges that small businesses face when digitizing their invoice payment procedures, even with a recent surge in digital, automated AP solutions. ” Finding A Middle Ground. . ” Finding A Middle Ground. Conflict Of Interest.

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

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. That’s the crux of Visa ‘s and Billtrust ‘s strategy behind the Business Payments Network (BPN), their collaborative B2B payments solution.

B2B 110

B2B Payments Wires Wire 110

PYMNTS

MARCH 23, 2017

So when consumers are cautiously embracing mobile payments, it’s no wonder that corporate payers are even slower at taking up the technology. Still, adoption is slowly but surely on the rise, with businesses beginning to consider using the technology for their own payment needs, too. to link its commercial cards with Apple Pay in 2015.

B2B 51

B2B Online and Mobile Banking Commercial Card Mobile Payments 51

PYMNTS

MAY 26, 2016

Reports said one of Curve’s biggest selling points for its small business and entrepreneur users was that its clients could make purchases on the MasterCard-branded tool using their American Express cards loaded on the solution. American Express and Curve said they could re-enter an agreement at a later time.

Rules 40

Rules Small Business Commercial Card Payer 40

PYMNTS

MARCH 31, 2020

In a press release, Ripple said it will enable SCB to expand its existing Ripple-powered mobile app, which facilitates global payments for consumers, to its corporate users in an effort to connect small businesses to real-time, cross-border payment capabilities. Plastiq Eases Card Rail Friction.

B2B 77

B2B Payroll Payments Cross-Border Payments 77

PYMNTS

SEPTEMBER 17, 2019

However, the real proof of progress in B2B payments, Phalen said, is in how industry stakeholders — including FIs, FinTechs and corporates — have overhauled how they think about those commercial payments challenges as they move forward to tackle them. Thinking Beyond the Payer. Payment Rails Converging.

B2B 52

B2B Innovation Payer Cross-Border 52

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

SEPTEMBER 10, 2019

Through a decade-plus of B2B payments innovation, one of the biggest lessons the industry has learned is that payment solutions cannot be designed solely for the payer; they must also keep the supplier in mind. Vendor acceptance is a particularly large hurdle when it comes to commercial cards, according to Boost Payment Solutions CEO Dean M.

B2B 59

B2B Cross-Border Payments Payer 59

PYMNTS

OCTOBER 9, 2019

The tool is an accounts payable offering allowing businesses to pay their suppliers via Visa commercial card. Cards often demonstrate the importance of keeping the supplier in mind when developing accounts payable solutions.

Automation 51

Automation B2B Commercial Card Accounts 51

PYMNTS

MARCH 16, 2016

Foreign currency payments firm Midpoint got a bit closer to its small business accounting partner, Xero, this month when it revealed that not only had they extended their collaborative ties but that Midpoint would also be adding a “Pay Now” button to invoices sent through Xero. Direct Competition.

Commercial Card 42

Commercial Card Online and Mobile Banking Payments Payer 42

PYMNTS

DECEMBER 23, 2019

Small businesses are the fabric of the construction industry,” he said. The government has introduced measures, including a name-and-shame approach to warning suppliers about companies that have a history of paying suppliers late, as well as restrictions on whether late payers can bid on government contracts.

B2B 52

B2B Faster Payments Payments Payer 52

PYMNTS

MARCH 14, 2018

Today, alternative small business (SMB) lending company Fundbox is launching Fundbox Pay, a solution the company says will move its credit offering closer to the B2B transaction itself. Late and delayed B2B payments have turned many small business suppliers into a sort of “free bank” for their corporate customers.

B2B 40

B2B Payments Small Business Credit Cards 40

PYMNTS

MAY 20, 2020

Some FinTechs are targeting small businesses directly with technology to ease card payment and acceptance capabilities. Others, meanwhile, are working with card issuers, banks and other financial service providers to roll out their own commercial and virtual card offerings.

Commercial Card 68

Commercial Card Card Issuer FinTech Small Business 68