Bottomline Technologies launches voice-assisted app for e-payments

Thursday 24 May 2018 09:01 CET | News

Bottomline Technologies, a US-based provider of financial technology has launched a voice-assisted app that provides access to data on payment transactions.

An extension of the Paymode-X B2B electronic payment network, the Paymode-X app provides businesses with details such as who has paid and how much has been paid, all within a mobile application. The Paymode-X network enables payments between more than 385,000 businesses, and it is integrated with Visa Payables Automation technology to help deliver Visa commercial card and virtual business-to-business payment functionalities.

Paymode-X members will be able to use the voice-enabled app to inquire about electronic payments that have been received or are in process, including those made by ACH and virtual card.

According to Bottomline Technologies, leveraging voice in B2B payments is more complex due to larger dollar amounts, higher transaction volumes, and the implications of payment fraud. The Paymode-X app will be available in the summer of 2018.

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Keywords: Bottomline Technologies, e-payments, voice-assisted app, US, payment transaction, Paymode-X, supply chain finance, e-invoicing
Countries: World