Bringing virtual card payments to small businesses to replace paper checks is the goal of a partnership between Visa and Viewpost, a provider of an open business-to-business (B2B) network for facilitating electronic invoicing, payments, and cash management. If a supplier does not accept one-time virtual commercial card payments, the Viewpost network will automatically extend an invitation to enroll. In the Visa/Viewpost model, virtual card payments could be received by the biller within minutes of delivery of an electronic invoice. And all card payments would be “good funds” available imme...