WEX, MYOB to offer B2B payment solutions in Australia

Wednesday 20 January 2021 13:39 CET | News

US-based financial technology service provider WEX has partnered with online business management platform MYOB to provide Australian businesses with B2B payments.

WEX customers can now pay their suppliers using the WEX virtual credit cards as they get access to MYOB’s business payment platform. The solution will allow its users to make payments even if their supplier does not accept virtual credit cards. Moreover, the payments platform does not require suppliers to change how they receive their payments.

Currently, MYOB offers business and accounting software to 1.2 million Australian and New Zealand businesses. This collaboration could provide customers with more choice around payment options.

In July 2020, Onyx CenterSource, a B2B payments and business intelligence solution provider to the hospitality industry, also partnered with WEX.

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Keywords: WEX, MYOB, partnership, B2B, virtual cards, credit, supply chain
Categories: Banking & Fintech
Countries: Australia
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Banking & Fintech

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