Remove Commercial Card Remove Payments Tools Remove Wires
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The Economic – And Ergonomic – Value Of Commercial Card Optimization

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Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. Optimizing Card Spend.

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India Unwraps Its Commercial Card Opportunity

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Yet in only the last few months — and even weeks — India’s FinTech startup community has seen a proliferation of commercial card innovation. It’s an interesting phenomenon, especially considering the path to corporate card adoption elsewhere. “All of these expenses require a credit card,” he said.

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Commercial Cards Still Face Adoption Barriers

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Commercial cards have struggled to gain widespread adoption in B2B payments, and new research from Mercator Advisory Group aims to explain why — and how to overcome those adoption barriers. But corporate buyers often prefer cards to obtain rewards points.

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Mesh Eyes Virtual Cards For Global B2B Payments

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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.”

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B2B’s Summer Of Faster, Integrated Payments

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Faster payment initiatives, a focus on application programming interfaces (APIs) and data integrations and efforts to elevate traditional B2B payment tools like ACH and commercial cards all made waves this summer. When they need to move money same-day or next-day, their minds go straight to wire.”.

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How Virtual Cards Can Live Up To Their Faster Payments Promise

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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.

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Helping Entrepreneurs Reimagine A Borderless Economy

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Neat looks to lower costs and boost efficiency through its partnerships with remittance companies to enable cross-border wire transfers, with its service enabling SMBs to store and remit funds in the local currencies of its various business accounts.