B2B electronic payments solutions provider Boost Payment Solutions has announced its expansion to Singapore and Sweden.
With this expansion, the company’s international commercial cards network expands to nearly 30 regions.
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Boost’s current network includes Australia, Canada, England, France, Germany, Spain, the US among other countries.
The company delivers a commercial card platform called Boost Intercept where card payments are converted into a completely passive straight-through processed (STP) experience for suppliers.
Accordingly, the solution eliminates the need to procure card data from manual processing or through e-mail payment requests thereby expediting international and domestic payments.
Boost also supports the buyers and suppliers to set up transactional relationships within one day across its operations.
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By GlobalDataBusinesses can use Boost to make domestic and international payments generating new streams of revenue with issuer rebates.
According to the company, using the platform also reduces the need for the businesses to maintain bank depository information.
Established in 2009, Boost Payment Solutions focuses on optimising the use and acceptance of commercial cards. It aims to place commercial cards as a cost effective, scalable and secure alternative to conventional checks, wires and ACH.
Headquartered in New York, the company caters to a several industries including healthcare, manufacturing, telecommunications, retail and media and advertising.
