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Commercial Cards: It’s All About The Data

PYMNTS

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.

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Buyers, Suppliers Converge Around Virtual Cards

PYMNTS

Leavitt told PYMNTS a big reason behind the resistance of commercial card use and acceptance has been a lack of understanding or knowledge about the true value of commercial cards as an alternative payment method. “A massive bright light has begun to shine on [the timing of payments] process.”.

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Bending Card Rails For B2B Payments Optimization

PYMNTS

When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic their employees could use to make one-off purchases at the office supply or hardware store, buy a coffee while on a business trip or take a client out to dinner. ” Recognizing Commercial Card Advantages.

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Santander Commercial Bank Delivers New Products and Digital Capabilities to Drive More Seamless Client Experiences

Fintech Finance

Virtual Mobile Wallet Commercial Cards: Santander was the first financial institution in the U.S. to offer clients mobile virtual cards. Biller Express: A client-branded electronic bill and invoice presentment and payment capability designed to enable end-customers to initiate one time and recurring ACH and card payments.