Viewpost and Comdata Team Up to Streamline Secure ePayables
Viewpost, the secure B2B network for electronic invoicing, payments and cash management, today announced a partnership with Comdata, one of the largest commercial credit card issuers for MasterCard in North America, to give businesses an option to pay their suppliers with virtual credit card transactions.
A virtual card—or ePayable—is a single-use, 16-digit virtual credit card that can be used to securely and quickly make supplier payments with good funds.
The unique charcteristics benefit both the payer and payee who experience improved cash management, control and security.
“We’re excited to partner with an industry leader in B2B credit card transactions to bring this capability to our enterprise customers on the Viewpost network,” said Pat McMonagle, EVP, Director of Payment Operations at Viewpost. “Comdata’s technology is a natural fit for making virtual credit card payments available to customers seeking to further improve operational efficiency and cost savings.”
“Comdata is proud to be the virtual card provider of choice for a FinTech company as innovative as Viewpost,” said John Molnar, SVP of Business Development at Comdata. “We are solely focused on improving business-to-business payments and helping organizations minimize the pain and hassle of paper checks. Viewpost has built a business transaction network that could change the future of payments, and we’re excited to be a part of its evolution.”