The World of Payments: Using Commercial Credit Cards for Invoice Payments

In 2015, companies have more payment options available to them than ever before—options that cut down on administrative costs, eliminate paper, and help companies capture lucrative discounts offered by vendors for early invoice payment. One increasingly popular trend in terms of payment options is the use of commercial credit cards for invoice payments. Invoice payment via commercial credit card takes place primarily via virtual credit cards. With virtual credit card products, issuers provide…