Automated Instant Payments with Motorola Solutions, Mastercard and Boost
Instant Pay is a next generation virtual card solution, powered by Mastercard, that seamlessly
automates supplier payments.
By using Artificial Intelligence (AI) to analyze your invoices, it enables the vast majority to be paid automatically, in just a few short days after they are
received.
Unlike other products, where early
payment depends on manual invoice approval and payment processing, Instant Pay enforces early payments through automation.
What is Mastercard Instant Pay?
With Instant Pay, you can receive payment from Motorola Solutions, in just a few short days after you submit an invoice - automatically. Payments are sent straight to your bank account, without any manual processing required. Instant Pay uses sophisticated machine learning to automatically manage and execute payments on our behalf as soon as you send Motorola Solutions an invoice. So, unlike other products, where early payment depends on manual approvals and payment processing, Instant Pay enforces early payments through automation – it’s engineered right into the product.
Improve Cash Flow
Increase Working Capital
Build Efficiencies
Fully Automated Card
Secure Payments
Secure Payment Methods
Benefits of Instant Pay and Straight through processing
*Hover over the benefit to find out more
Get Started with Low Rates!
You can begin the enrollment process by completing Boost's Online Acceptance Agreement and Application. After submission, a Boost representative will follow up to complete the process and answer any questions you have.
Have more questions or want to get started?
Let us know and we'll get back to you.
Quick Questions:
Getting started is easy. If you are a Boost customer, just email us at supplierenablement@boostb2b.com or contact us using the form on this page. We’ll verify any information required to complete the set up for the program.
Boost provides enhanced reporting with full remittance and settlement details. Reports are available in a CSV format or in the format of your accounting software
With Instant Pay, there are no changes required in how you submit invoices to your customer. Simply continue submitting invoices as you do today. As part of the enrollment process, Boost Payment Solutions as your payment facilitator, allows you to automatically receive payments for your Instant Pay transactions. Going forward, you no longer have to worry about manually handling payment collections – Instant Pay transforms that process into a completely passive and automatic experience.
There are a number of factors that the machine learning platform takes into account to make decisions. Historically, approximately 98% of invoices are accepted for immediate payment. If your invoices consistently and accurately reflect the goods or services provided to your customer, it is extremely likely you will be paid instantly.
Boost offers the lowest possible business to business card acceptance fees. Boost’s rates are available here.
Interested in learning more about this special program? Fill out the form and receive more information.
Frequently Asked Questions
Quick Questions:
Great news! Once we verify and confirm your account information, we’ll begin automating your payments. No further action is needed on your part.
Boost offers flexibility with two settlement options. Processing fees can be netted out of your invoice payment, or can be debited in a separate transaction.
Boost provides enhanced reporting with full remittance and settlement details. Reports are available in a CSV format or in the format of your accounting software
Your Boost account is automatically enabled for Mastercard (Discover) and Visa. We can easily enable your Boost account for Amex acceptance. Just let us know.
Have more questions or want to get started?
Let us know and we'll get back to you.
© Copyright Boost Payment Solutions, Inc. 2022
Boost Payment Solutions, Inc., is a registered ISO and Payment Facilitator of Fifth Third Bank, N.A., Cincinnati, OH., a registered Payment Facilitator of Elavon, Inc., and a registered ISO of AIB Merchant Services, Dublin, Ireland.
