JPMorgan, the third largest purchasing card issuer in the U.S. based on purchase volume, has deployed the accounts payable automation platform owned and operated by Bora Payment Systems to boost virtual card purchase volume for its commercial clients making large purchases. Bora’s Payer Direct Hub (PDH) is a portal that facilitates supplier acceptance of commercial card payments by controlling the interchange fee they need to pay. Those rates, which regularly are in the 3% range, are substantially reduced by Bora’s PDH, which can provide more than a hundred lines of data. Interchange reven...