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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…

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…

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…

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…

NEW YORK, New York – August 1st, 2017 –Following the closing of its recent Series A investment round with San Francisco-based venture capital firm, Mosaik Partners, Boost Payment Solutions has formed an impressive board of directors that will help it to continue its meteoric growth as the industry leader in the electronic B2B payments arena.…

NEW YORK, New York – June 13, 2017– Boost Payment Solutions, Inc., a New York-based FinTech serving the B2B payments arena, closed a round of funding from San Francisco-based Mosaik Partners. Widely known as the leader in the nascent B2B payments arena, Boost provides corporations, institutions and municipalities with technology-enabled solutions that optimize commercial card…

New York, New York (September 26, 2016) – Boost Payment Solutions, the leading business-to-business acquirer and a global provider of payment technologies, today announced extended services and capabilities of its Boost Intercept®platform in Europe. “Boost Intercept was specifically designed to solve the most challenging pain points in the commercial card payments arena”, said Boost CEO,…

Electronic payment solutions for B2B transactions can improve cash-flow and business management for suppliers and buyers TORONTO – January 20, 2016– Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit card payments, today announced it will be providing electronic payment processing solutions to the business-to-business (B2B) marketplace in Canada, currently valued…