Boost Payment Solutions teams with JPMorgan on automated commercial card payments
Boost Payment Solutions Inc., a specialist in B2B electronic payments, announced a collaboration with JPMorgan Chase to automate the delivery of the bank's single use card accounts and commercial card payments.
Boost said the collaboration will help automate the exchange of remittance data, improve cash flow and boost operational efficiency for buyers and suppliers.
"Through this exciting collaboration, JPMorgan commercial card clients and their suppliers can now benefit from automated payment processing and remittance posting," John Skinner, head of commercial card at JPMorgan, said in the press release. "Boost's technology, paired with their supplier enrollment and reporting capabilities, enables our clients to overcome acceptance concerns and grow their card programs."