According to the press release, through REPAY’s participation in Billtrust’s Business Payments Network (BPN), REPAY’s corporate customers will instantly gain the ability to automate electronic payments to Billtrust’s vast network of suppliers, distributors and vendors – both accelerating and simplifying the payment process, while also further scaling adoption of virtual credit cards.
Traditionally, business buyers must work with each supplier individually to collect, verify, and securely store bank data in order to send payments electronically. REPAY’S B2B offerings, which include those from recent acquisitions, cPayPlus and CPS Payment Services, help automate those connections for tens of thousands of vendor relationships.
Furthermore, the integration with Billtrust will expand REPAY’s reach to several thousand additional suppliers on the BPN, immediately streamlining the payments process for both buyers and their suppliers and enabling payments to be sent in the companies’ preferred formats, including virtual credit cards.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.