Reduce inefficiencies and boost your control over the payments process with Visa Payables Automation.
Step 1: Send files to Visa or your commercial banker.
Step 2: Visa processes these accounts payable files.
Step 3: Visa adjusts card limits to approved invoice amounts
Step 4: Visa sends remittance notices to your suppliers.
Step 5: Your supplier charges the commercial card.
Step 6: Visa creates an electronic reconciliation file.
Since your supplier charges a Visa account, you don’t have to pay until you receive a consolidated bill from your bank.