Commercial Card Remittance Data Wires 
PYMNTS
FEBRUARY 4, 2020
Leavitt, founder and CEO of Boost Payment Solutions , this is among the largest priorities for today’s accounts receivable departments, and commercial cards are stepping up to meet that demand. The drive for payment information is a key factor behind suppliers’ gradual path toward commercial card acceptance.
PYMNTS
DECEMBER 5, 2019
Initially, this came in the form of purchase cards that gave managers the ability to allow their employees to make purchases on behalf of their companies, from office supplies to travel and expense spending. Leavitt says suppliers are indeed more difficult than buyers to convince of commercial cards’ value proposition.
PYMNTS
NOVEMBER 5, 2018
New data has emerged about how SMBs use other payment rails , including cards and wire transfers. Ninety-four percent of corporates surveyed by The Clearing House said remittance information included with wire transfer payments is valuable , with nearly two-thirds describing this feature as “very valuable.”
PYMNTS
AUGUST 3, 2017
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.
PYMNTS
SEPTEMBER 12, 2019
Only a day earlier, payment processing giant Stripe announced an expansion of its corporate payment offerings with the launch of a commercial card product in yet another effort by an industry stakeholder to encourage businesses to shift away from paper.
PYMNTS
OCTOBER 23, 2019
This service also supports a range of existing rails, including commercial card, wire and ACH. The tool will enable suppliers to receive instant access to funds in addition to detailed remittance data from the transaction. s first new payment rail since ACH launched in 1974.
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