Payment Methods

Commerce Bank Taps’s Payment Platform, the business payments company, announced Monday (July 24) that it is working with Commerce Bank to what it says transform business payments.

In a press release, said Commerce Bank is now offering “CashFlow Complete,” an easy, AP and AR automated service powered by Connect, the company’s new banking payments platform. “We believe true banking innovation can be found in the form of collaborations like this one, and we are very excited to be partnered with Commerce. Together we are delivering a new kind of banking experience designed to meet the needs of modern day businesses,” said René Lacerte, CEO of in the press release.

“Commerce is an innovative bank with over 150 years of experience building customer relationships. CashFlow Complete unites this success with digital tools that help small business customers easily manage their cash flow and automate their end-to-end payments in a central platform.”

According to, most businesses still use paper checks despite more businesses and finanical services moving online. Consumers, it says, have benefited from digital payment solutions, but many businesses have been left behind without a modern solution that meets their unique needs. As a result, banks have the opportunity to reestablish and redefine what banking means for small businesses.   

CashFlow Complete gives Commerce Bank customers greater visibility and control of their cash flow in a central platform, which allows users to send and receive electronic payments, eliminate paper, manage approvals digitally and seamlessly integrate with accounting software.

Commerce Bank customers will also be able to join’s payments network, which helps more than 2 million members across the U.S. process more than $36 billion annually. “Cash flow is one of the biggest pain points among our small business customers. CashFlow Complete is a natural extension of our small business suite of online services, and we’re excited to work with to better help our customers grow their business,” said Matt White, director of commercial and small business strategy at Commerce Bank in the release.



The pressure on banks to modernize their payments capabilities to support initiatives such as ISO 20022 and instant/real time payments has been exacerbated by the emergence of COVID-19 and the compelling need to quickly scale operations due to the rapid growth of contactless payments, and subsequent increase in digitization. Given this new normal, the need for agility and optimization across the payments processing value chain is imperative.

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