The First Lockbox Solution for Virtual Cards
"Boost’s technology is ground-breaking and has reinvented how commercial card payments are initiated, received and processed."
RICHARD CIAMILLO,
VICE PRESIDENT OF NEW MARKETS,
MASTERCARD WORLDWIDE
- Converts virtual commercial card payments into a completely passive straight-through processed (STP) experience for suppliers
- Eliminates the need for suppliers to extract card data from email payment requests and manually process payments via hardware or software
The Card Industry's Answer to Dynamic Discounting
- A business rules-based payment platform that introduces interchange pricing flexibility to buyers, suppliers, and commercial card issuers
- Offers pricing simplicity and customization when published rates are not adequate for mutually agreed upon acceptance
- “On the fly” application of rules which can be based on payment size, payment timing, or other metrics that are mission-critical to a buyer-supplier relationship
- Designed specifically to generate incremental card-based accounts payable spend on commercial card networks
- Integrates seamlessly with Boost Intercept®, so all payments are straight-through processed and accompanied by remittance reports delivered in supplier’s preferred format
