Industry News Brought to You by Institute of Commercial Payments: News - Industry

American Express and Boost Automate Virtual Card Payments for U.S. Merchants

Thursday, October 10, 2024   (0 Comments)
Posted by: Sierra Lindemann
American Express has partnered with Boost Payment Solutions to offer U.S. merchants automated Virtual Card processing through Boost Intercept® at no additional cost. This service streamlines the acceptance of Virtual Cards by eliminating manual processing, reducing payment cycles and improving cash flow management. With Virtual Card transactions projected to comprise 52% of U.S. Commercial Card spend by 2025, this automation enhances efficiency and security for suppliers, helping them handle growing transaction volumes.

members READ MORE

not a member? jOIN NOW


© Copyright 1999 - 2025. All Rights Reserved

Choose Email Preferences