Billtrust announced that it has extended its collaboration with Visa to support its Business Payments Network (BPN). Visa will continue to offer BPN access to its financial institutions clients to streamline the B2B digital payments process for their corporate customers. Launched in 2018 in collaboration with Visa, BPN seamlessly links suppliers to their buyers through connectivity to their preferred bank and payables providers, radically simplifying payment acceptance through straight-through processing of virtual card payments and capture of all available remittance data.

Suppliers benefit from eliminating manual virtual card processing and optimized acceptance costs, while buyers can transact using their preferred payment method. In addition, banks and accounts payable (AP) providers benefit from transparency regarding supplier virtual card acceptance and preferences.