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The B2B Revolution

April 16, 2019

Broadly speaking, innovation in B2B payments over the past decade has been the result of a digital transformation designed to eliminate transactional friction. AP and AR departments sought to streamline how they made and accepted payments; how they could gain more visibility into their enterprise data; how they could more efficiently manage their cash; and…

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Boost Secures $12 Million in Series B Funding Led by Mosaik Partners and North Atlantic Capital

April 2, 2019

NEW YORK, NY – April 3, 2019 – Boost Payment Solutions, the leader in commercial card optimization, today announced its closing of $12 million in a Series B equity and venture debt funding round led by Mosaik Partners and North Atlantic Capital. The proceeds will be used to raise the company’s profile domestically and internationally…

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Boost Increases Volume Processed Globally by 70%

February 21, 2019

NEW YORK, NY – February 21, 2019 – Boost Payment Solutions, the leader in optimizing the use and acceptance of commercial card products, today announced that in 2018 it increased the commercial card volume it processed globally by 70%.  Boost’s success follows significant strides made over the course of the year, including the launch of…

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Boost Launches Dynamic Interchange Rates To Push B2B Card Acceptance

October 16, 2018

Part of that reticence toward adopting commercial card payments lies with the interchange fees on transactions, typically a few percentage points, paid by suppliers. It’s a fixed rate, a cost of doing business. Buyers, of course, can enjoy the benefits of rebates. Somewhere, there exists a middle ground between buyers and suppliers willing to embrace cards and seeking to optimize cash flow, as Boost Payment Solutions Founder and CEO Dean M. Leavitt pointed out. To that end, Boost said this morning (Oct. 16) that it is unveiling Dynamic Boost — billed as the first payments platform to apply rules-based, dynamic interchange pricing to commercial card payments.

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Boost Launches Industry-First Payment Platform to Feature Dynamic Discounting for Commercial Cards

October 16, 2018

New York, NY– October 16, 2018 – Boost Payment Solutions®, the leader in commercial card payment optimization, today announced the launch of Dynamic BoostSM– the first payment platform to apply rules-based, dynamic interchange pricing to commercial card payments. Dynamic Boost offers unlimited flexibility for commercial card stakeholders by introducing pricing constructs that are based on…

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Boost Tapped for Thought Leadership on the Future of B2B Payments

September 27, 2018

Boost’s CEO, Dean M. Leavitt, was featured in PMNTS.com’s 2018 B2B payments eBook, where he discusses how the use and acceptance of commercial cards can result in a “win-win” scenario for buyers and their suppliers.

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Moving The Commercial Card Adoption Needle

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 Karen…

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B2B PAYMENTS Boost CEO: Dispelling The Myths Of Virtual Cards

April 23, 2018

Despite the speed, efficiency and security of virtual commercial cards for B2B payments, adoption remains low compared to other payment rails. ACH appears to be winning the race to replace checks in supplier payments, while, according to recent data from NACHA, cards account for just about 11 percent of payments received. As the $120 trillion in…

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Boost And Mastercard Find Blue Skies And White Spaces In The Caribbean B2B Market

February 14, 2018

Beyond the stereotype of the piña colada on the beach and tropical climates, the Caribbean beckons as a hot spot for B2B payments through virtual commercial cards. Boost Payment Solutions, a New York-based FinTech focused exclusively on B2B payments, announced late last month that they’d signed a strategic alliance with Mastercard to bring straight-through processing — via…

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Boost Payment Solutions and Mastercard Form Alliance to Expand Commercial Card Usage and Acceptance in the Caribbean

January 29, 2018

NEW YORK, NY – January 29, 2018– Boost Payment Solutions, Inc., a global provider of business-to-business payment technologies, has announced a strategic alliance with Mastercard designed to expand Boost’s card-based straight-through processing (STP) payment solution in the Caribbean. Leveraging Boost’s proprietary technology platform, Boost Intercept, and Mastercard’s global footprint, the alliance was created to bring…

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