In the midst of a surge of new software solutions and FinTech platforms available to B2B companies, the enterprise resource planning (ERP) system continues to retain its reputation as the single source of truth within an organization, a sort of motherboard to connect and streamline...
The interchange fees associated with commercial card acceptance are the latest target of commercial card optimization company Revolution Payments, which announced a new service designed to further reduce that burden on business-to-business (B2B) suppliers. In a press release Wednesday (Dec. 11), Revolution Payments announced its...
In a B2B climate of delayed payments and heightened pressure for cash flow optimization, the commercial card has emerged as what many card companies and issuing banks would consider to be a middle ground between buyer and supplier. Cards enable suppliers to get paid right...
Fleet payments company FLEETCOR is facing criticism over fees associated with its fleet cards, according to reports in Bloomberg last week, which small businesses (SMBs) say are too high. The issue mirrors the debate over payroll card fees, and raises new concerns over fees linked to card...
June 28, 2018
Commercial cards are gaining traction in B2B payments, especially in areas like employee expense management, but there are still assumptions that commercial card adoption lags because suppliers don’t want to accept cards, and they assume suppliers don’t want to accept cards because of the cost. But Dean Leavitt, chairman & CEO, of Boost Payment Solutions, tells […]
October 06, 2016
Corporates want to pay their suppliers with commercial cards in order to rack up those points. But only 9 percent of suppliers say commercial cards are their preferred method of...
November 03, 2015
Last month when the FBI issued a statement suggesting that consumers should favor chip-and-PIN cards, little did it know that its innocuous statement directed at ensuring security would become the epicenter of a dispute between banks and retailers. While the banks felt blindsided by the FBI’s notice and coerced them to take it down, the FBI […]
October 12, 2015
Different day, same song: Merchants, through the Merchant Payments Coalition (MPC), are complaining about interchange fees. This time, the story has a bit of a twist. In a press release...
August 27, 2015
The debate surrounding interchange fees is been burning bright for several years. Most often, however, the discussions focus on the impact of capping these fees on credit and debit card...
