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CSI globalVCard Positioned to Accelerate Electronic Accounts Payable (EAP) for Visa Issuers

Wednesday, May 10, 2017   (0 Comments)
Posted by: Terri Brustad

BONITA SPRINGS, FL – May 9, 2017 CSI globalVCard, a leading B2B payments company specializing in virtual payments, announced a strategic alliance with Visa Inc. to integrate Visa Payables Automation into CSI’s globalVCard paysystems® Payables platform, enabling Visa financial institutions to meet the rising demand for simple and secure electronic accounts payable (EAP) solutions from their commercial clients.

The alliance allows Visa issuers in the U.S. to bring their corporate customers a scalable, end-to-end commercial payments offering, including virtual travel cards and virtual commercial cards with enhanced spending controls, automated reconciliation as well as instant card issuance through globalVCard’s mobile application. This will ultimately help financial institutions grow their key commercial banking relationships while deploying little or no capital investment.

“Enabling Visa commercial offerings is an essential part of our global growth strategy and it will be well received by customers,” said Keith Stone, CEO of CSI globalVCard. “Through a full integration with Visa Payables Automation, CSI globalVCard can bring its globalVCard paysystems® technology to Visa financial institutions and their customers to manage and process supplier payments.”

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