Complex Business Relationships Drive the Commercial Cards Industry

In a new research report, Complex Business Relationships Drive the Commercial Cards Industry, Mercator Advisory Group examines the level of complexity and increasing breadth of participants involved to deliver better payables solutions through the cards networks.

"The delivery of this end-to-end seamless payment experience requires multiple interconnected systems and business partnerships across the networks. The industry has made constant tweaks and adaptations to continue gaining stronger footholds in the volume-rich B2B payments market. Most recently we have seen high growth rates for use of virtual card accounts in the payables workflow furthering the penetration of the supplier base with creative tools,” commented Steve Murphy, Director of Mercator Advisory Group’s Commercial and Enterprise Payments Advisory Service, author of the report. “We are also seeing direct industry partnerships expand as digital technology gains adoption, with a focus on broadening the use of card-based payment accounts for invoiced payments to replace paper processes.”

The document is 14 pages long and contains 4 exhibits.

Companies mentioned in this report include: ACOM, Amazon, American Express, AOC, Authorize.net, AvidXchange, Bancorp Bank, Boost Payment Solutions, Bora, Bottomline Technologies, Braintree, Chase Commerce Services, Citibank, Comdata, Coupa, Digital River, Discover, Elavon, First American Payments Systems, First Data, FIS, Fiserv, GE Capital, Ingenico, Invapay, iPayment, Mastercard, Mineral Tree, PAX, SAP Ariba, Square, Transferwise, TSYS, Vantiv, Verifone, Visa, Union Pay, U.S. Bank, Viewpost, WEX, Worldpay.