Visa and J.P. Morgan Help Businesses Make Payments Faster with Billtrust’s Business Payments Network
Summary
“Since announcing BPN last year, we have received very positive feedback from financial institutions and are pleased to have J.P. Morgan as our first issuer using the platform,” said Kevin Phalen, global head, Visa Business Solutions. BPN also enables complex financial and payment data to come together seamlessly at scale, while delivering streamlined reconciliation to suppliers and more quickly replenishing buyers’ credit lines. “As the Billtrust network continues to provide financial institutions, payables platforms and corporate buyers the ability to deliver digital payments directly to the suppliers’ preferred acceptance platforms, it is critical to have strong industry leaders and partners like Visa and J.P. Morgan at our side.” “BPN’s offering is a great fit for J.P. Morgan’s Commercial Card clients and their suppliers,“ said John Skinner, head of Commercial Card, J.P. Morgan. ”As we continue to invest in our Single-Use Accounts (SM) solution and partner with innovative, industry-leading providers, such as Visa and Billtrust, joining the network was a natural step in our roadmap.” For further information about BPN, please visit paywithbpn.com. Finance executives and A/R specialists love and recommend Billtrust for the remarkable cost savings, ease-of-use, process efficiency, and improved customer satisfaction rates.
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