Remove Commercial Card Remove Remittance Data Remove Small Business
article thumbnail

The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

For businesses, the world market was thrown into volatility, yet soon, new opportunities emerged. For the corporate card, 2020 has been a season for dramatic shifts in how the payment tool is used and the value it adds to the enterprise. The year 2020 began inconspicuously — but in a few short weeks, everything changed. Winter Blues.

article thumbnail

How Small Businesses Ride Their Payment Rails

PYMNTS

With the new research finding opportunity for wire to disrupt checks’ hold on accounts payable, and millennial entrepreneurs shying away from business credit card products, the latest data signals changes ahead for the way small business owners pick their payment rails.

article thumbnail

AP Innovations Begin Targeting Supplier Acceptance

PYMNTS

It’s a shift that may have risen out of the B2B payments industry’s commercial card conundrum. Today, emerging accounts payable (AP) solutions that wield payment tools, including commercial cards and more, are beginning to design solutions with the vendor in mind. Discover Targets Reconciliation Data.

article thumbnail

Discover To Power Payments On JAGGAER Procurement Platform

PYMNTS

JAGGAER ONE offers businesses a unified platform on which they can generate purchase orders, receive and process invoices, and initiate payments to suppliers. The vendors, meanwhile, can have access to more detailed remittance data.

article thumbnail

Viewpost, Visa Partner For V-Card Push Payments

PYMNTS

Research from Receivable Savvy released last year found that, while 63 percent of supplier said they would like to be paid electronically, just 9 percent said they prefer payment in commercial card. But there is zero penetration with mid-market or lower mid-market and small business customers.”. The reason?

article thumbnail

B2B Finserv Embraces New Faster Payment Rails

PYMNTS

The tools can support small businesses with lower check volumes, while Deluxe is also offering a solution for corporates with high check volumes, both of which address the cost and friction associated with launching traditional USB driver-based scanners. s first new payment rail since ACH launched in 1974.