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To tackle this issue, Edenred PaymentSolutions has launched a new Virtual Card Number (VCN) product designed to help make claims payouts faster and easier for policyholders. Reimbursements can take weeks, but withEdenred PaymentSolutions’ VCN product, this wait time can be cut down.
As your business grows, the tools powering it need to evolve tooand that includes your paymentsolution. In this blog, well unpack what scalability really looks like in a paymentsolution and how to choose one that wont hold you backwhether you’re just beginning to start accepting payments or scaling to new markets.
Account reconciliation may not be the flashiest part of your finance operations, but it’s one of the most important. Getting your numbers right at the end of each month, quarter, or year depends on clean, accurate, and timely reconciliation. What Is Account Reconciliation? Automation also reduces the risk of human error.
Global payment processor for Latin America, PayRetailers , has expanded its paymentsolution, in line with its international ambitions, following the acquisition of the next-generation orchestration platform headquartered in Amsterdam, Celeris. Deloitte provided legal advice to PayRetailers on the acquisition.
Blink Payment , a UK paytech platform that offers businesses seamless digital paymentsolutions, today announces its entry into B2B fashion payments through integration with ERP Zedonk , in a move that will enable more than 1,000 leading fashion brands and showrooms to streamline their buyer payments.
Boost PaymentSolutions , a global leader in B2B payments, today announced a partnership with international payment pioneer TransferMate that is designed to address the growing demand for cross-border payments. Leavitt, Founder and CEO of Boost PaymentSolutions.
Edenred PaymentSolutions has announced the launch of a new Virtual Card Number (VCN) product designed to help make claims payouts faster and easier for policyholders. By combining automation, flexibility, and speed, this solution redefines the claims payout process, delivering better outcomes for both insurers and their customers.
There is a growing demand for cross-border payments across the globe. Looking to meet this demand, B2B payments organisation, Boost PaymentSolutions has partnered with international payment firm, TransferMate. Leavitt , founder and CEO of Boost PaymentSolutions.
Visa (NYSE: V), a world leader in digital payments, and MISA , a provider of digital transformation solutions for finance, accounting, and enterprise management, announced a strategic collaboration to empower Vietnamese businesses through comprehensive digital paymentsolutions.
This initiative aligns with the Qatari Government’s vision of digitalising payments, enhancing electronic banking services, and advancing the shift towards a cashless society. “These solutions aim to streamline payments for our corporate clients while augmenting security measures,” he stated.
By eliminating the complexities of traditional account structures, VAM simplifies reconciliation, enhances cash management, and delivers a superior customer experience. “Our enhanced VAM solution, infused with AI, represents a paradigm shift in payment management, offering banks the tools they need to stay ahead of the curve.
Arab Financial Services (AFS) , the Middle East and Africa region’s leading digital paymentsolutions provider and fintech enabler, announced a strategic partnership with PayTic , a Software-as-a-Service company specializing in end-to-end automation of process-heavy card program operations.
By embedding payment functionality directly into widely used accounting software such as QuickBooks, Bill Connect eliminates the need for costly and complex ERP-based systems. This cloud-based integration helps merchants automate and streamline invoicing, accept secure payments and automate reconciliation all within a single platform.
Slower transaction processing, higher operational costs and an inability to scale with the growth of digital payment processing. The Problem with manual reconciliation Despite the need for real-time processing, many firms still rely heavily on manual reconciliation methods.
By 2025, SEAs internet economyencompassing e-commerce, food delivery, and financial services is expected to reach US$360 billion , driven by widespread adoption of digital wallets and flexible paymentsolutions. However, the payment landscape in SEA is highly fragmented.
The move comes as the India-headquartered payments technology firm looks to support growing demand for its infrastructure services from enterprise clients in the region. The company also announced a regional partnership with digital travel platform Agoda, which has adopted Juspays full-stack orchestration and reconciliation services.
This is largely impacted by organisations’ desires to have better control over their business-to-business (B2B) payments. From subscriptions to invoices, finance teams want a paymentsolution that keeps their company cards secure while maximising rewards, productivity, and working capital. This is where Extend steps in.
Early adopter feedback highlights simplified reconciliation, real-time data transparency and unified support as key drivers in merchants’ decisions to switch from fragmented, multi-vendor stacks. As a result, customer complaint volumes have been minimised, significantly reducing operational overheads.
Central to these changes are new statutory trust requirements, more prescriptive record-keeping, reconciliation standards, and the mandate for external safeguarding audits. This will include evaluating record-keeping systems, reconciliation processes, and fund segregation practices.
Additionally, centralised reporting simplifies financial reconciliation and compliance efforts, enhancing control and accountability for finance and operations teams. Cross-border paymentsolutions : Cross-border commerce represents a significant growth opportunity but introduces substantial challenges.
Edenred PaymentSolutions has announced the launch of a new virtual card number (VCN) product designed to help make claims payouts faster and easier for policyholders. By combining automation, flexibility, and speed, this solution redefines the claims payout process, delivering better outcomes for both insurers and their customers.
(NYSE: GPN) announced today that its MineralTree business, which provides modern, secure, easy-to-use accounts payable (AP) and payment automation solutions, and Sage, a leader in accounting, financial, HR and payroll technology for small and mid-sized businesses (SMBs), launched a vendor paymentssolution built directly within Sage Intacct.
As part of its ongoing investment in its B2B network and in enhancing buyer and supplier capabilities, American Express has announced a new offering by Boost PaymentSolutions , a global leader in payments, to provide commercial virtual Card processing services to U.S. Leavitt, Founder and CEO of Boost PaymentSolutions. “We
Blink Payment , a UK paytech platform offering digital paymentsolutions to businesses, plans to enter B2B fashion payments through integration with Zedonk , an Enterprise Resource Planning (ERP) software provider, to help over 1,000 fashion brands and showrooms streamline their payment processes.
In this blog, we’ll explore the benefits of mobile paymentsolutions and what types of mobile payment systems are currently available on the market. We also share our top tips for what merchants should consider when choosing a mobile payment system for their business. According to CapitalOne , nearly two-thirds of U.S.
The Katanox Platform streamlines processes and drives growth in the travel industry by consolidating payments, reconciliation, direct contracting, connectivity, and rate integration into a single platform. On average, five employees support reconciliation, with each spending approximately 7 hours per week on this task.
PayRetailers , a leading payment processor in Latin America and Africa, has launched an enhanced Pix paymentsolution to assist betting operators in Brazil as they prepare for the new sports betting regulations set to take effect on 1 January 2025.
Optimize payment routing Reduce costs and improve transaction success rates by leveraging IXOPAYs and Aevis advanced routing, reconciliation, and risk management capabilities. Support multiple payment methods Accept local, international, and alternative payment options without additional integrations.
“The Indian government’s $1.2bn support program for digital paymentsolutions, including SoftPOS, is accelerating adoption among small businesses, kirana stores, and service providers,” the study explains. merchant deployments globally, SoftPOS: Transforming Contactless Payments Across Industries adds.
By partnering with Adyen, the healthcare provider aims to boost operational efficiency, reduce the potential for human errors and digitize financial reconciliation to accelerate and create more seamless patient experiences throughout its hospital and clinics.
Medius , a leading provider of Accounts Payable (AP) automation and spend management solutions, has announced the launch of Medius Payments, an embedded paymentsolution that enables finance teams to securely approve and execute payments, all within one unified accounts payable platform.
SAP Taulia , a global fintech leader of working capital solutions, has partnered with PayMate , a leading business paymentsolutions provider, to enhance payment flexibility for businesses in APAC and EMEA 1. “This collaboration aligns perfectly with our mission to simplify and optimise business payments globally.
Lowering Costs, Elevating Business Traditional payment providers have maintained high transaction fees for years, offering limited alternatives to smaller businesses. For in-store payments, our advanced POS terminals enable seamless transaction processing at just 0.6%
Juspay , a global leader in next-generation paymentsolutions for enterprises and banks, has announced the opening of a new office in Brazil. Juspay was instrumental in building and scaling India’s local PiX – called UPI (Unified Payments Interface) – to over 200 million transactions a day with 99.999% reliability.
G2 Travel , a service-driven wholesale tour operator offering a range of solutions for group travel globally, has improved its ability to pay hotel partners across the globe following a new partnership with cross-border payments infrastructure provider Nium.
Armin Moradi, CEO and co-founder of Qashio Armin Moradi , CEO and co-founder of Qashio said: We recognise that the travel and tourism industry is key in the region however the travel companies are underserved with strong technical paymentsolutions that work in their favour.
Bookkeeping automation provider Dext has joined forces with Airwallex , the global payments and financial services platform, to launch a new paymentsolution later this year. For accountants and bookkeepers, Dext Payments will enable them to expand their offering by providing payment services to clients.
Anita Salvatore , CEO, North America at Corporate Travel Management, said: “The new partnership expands CTM’s expense management solutions, giving customers additional choice, flexibility and control over their travel and expense management.
Through adding core banking, treasury functions and acquiring under one roof, Deutsche Bank has differentiated its offering, attracting inquiries from competitors’ clients seeking a one-stop, technology-driven paymentssolution. Looking ahead, Silverflow and Deutsche Bank have revealed plans to further develop this integration.
And since you’ll need to juggle key factors like ensuring donor trust, and having top-notch security for all online payment methods, it’s likely you’ll have to evaluate quite a few options to find the right pick for you. Don’t worry: today, we’ll help you find the best charity paymentsolution for your nonprofit.
By combining multifi ’s flexible B2B payment platform with GoCardless ’s trusted bank-to-bank payment technology, this collaboration aims to automate cash flow processes, reduce late payments, and simplify reconciliation for SMEs.
From a Press Release dated July 8, 2025, Cincinnati, Ohio Worldpay has announced a significant global expansion of its Worldpay for Platforms embedded paymentssolution, targeting Software-as-a-Service (SaaS) providers in Canada, the UK, and Australia.
With Buy Now, Pay Later (BNPL) demand on the rise across the region, Tamara’s inclusion in the Amazon Payment Services portfolio is a timely move to meet these growing consumer expectations and enhance the overall customer journey.
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