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American Express Virtual Cards for AR Payments

Merchants in the US that accept American Express virtual cards for business-to-business (B2B) payments can participate in a new collaboration between Amex and Boost Payment Solutions. Boost focuses on B2B payments, providing straight-through processing of accounts receivable (AR). The Boost Intercept service fully automates the receiving, parsing and processing steps of accounts receivable, including elimination of the manual steps involved in opening email and copying the tokenized, one-time-only American Express virtual card number used for payment. Not needing to open an email and ma...

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December 2024
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