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Fight Fraud Effectively

Because every virtual card payment is a one-time payment for an exact amount protected by a unique code, it is very difficult to intercept. This keeps your business safe and your payments protected.

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Receive Payments Faster

Eliminate sluggish, fraud-prone check payments and embrace faster payments. Virtual cards are sent quickly and are easy to process and reconcile using your point-of-sale systems.

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Stack New Accounts Receivable Benefits

The fee for virtual card payments is the same as with any other payment provider, but in exchange for that fee you'll access better remittance, reporting, and tracking than with any standard card payment.

Virtual Card Means Faster Payments and Improved Working Capital

Nobody ever said "Please pay me as slowly as possible." We send virtual card payments as soon as your customers approve them, so you'll have your funds in minutes instead of hours or even days. That's great news for your cash flow. 

Make Processing a Breeze

Virtual card offers many remittance customization options. Customers can work with you to include all the details you need to streamline receipt and reconciliation of every payment. 

Receive customized AR files with detailed payment and remittance information monthly, weekly, or daily. You choose the file format, and we'll deliver it via email, through the portal, or directly to your ERP. 

BENEFITS

Why Virtual Card Payments?

Familiar and Easy to Use

Receive card payments and process them through your point of sale system just like any other card, with the added convenience of the payment arriving via email.

Better Cash Flow

Enjoy faster payments from your customers and quickly reconcile your virtual card payments to avoid painful delays and cash shortages.

Enhanced Remittance

Customize the remittance data you receive in collaboration with your customers. Ensure you have every field you need to digest and process your virtual cards easily.

Strong Security

Receive virtual card payments protected by a one-time use code and made by payers authenticated through the secure Paymode network.

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Enhanced Value, No Additional Fees

Virtual cards carry standard interchange fees with no hidden charges in exchange for the speed, convenience, and security you'll enjoy when you accept them.

Save Time By Accepting Payments From Many Customers In One Portal

Whether your customers are in manufacturing, higher education, real estate, or any other vertical, many are likely using the Paymode network to pay their valued suppliers.

Once enrolled, you can receive virtual card payments from all of your customers and easily track them in a convenient portal. 

Other Solutions

Ready to tackle all of your payment and AR challenges with Bottomline?

Receive Payments

Protect your business against fraud, get paid faster, and save time with enhanced remittance details.

Premium ACH

Accept Premium ACH for fast, secure payments with enhanced remittance details on every payment.

How to Enroll

Authenticate your banking information securely, provide your core business information, and we'll have you validated and accepting secure Premium ACH and virtual card payments in days.

Business Payments Network

Make and receive secure digital payments conveniently through Paymode, the market leading B2B payments network trusted by over 550,000 member businesses.
Bottomline Technologies
Testimonials

What Our Customers Say

Paymode is super easy to use, and I love that all needed information is right on the email.

Paymode cut AR time from 2 hours to 20 minutes per day.

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Frequently Asked Questions

What exactly is a virtual card?

A virtual card is a secure, fast way to receive payment. Virtual cards are just like physical credit cards, just without the piece of plastic, which makes them more convenient and secure. Virtual cards have everything you need to process a card payment, including robust remittance data.

What is sent along with the card payment?

In addition to the payment itself, you'll receive via email: card account information account number, expiration date, CVV, payment information, payer name, payment amount, payment date, remittance information, invoice number, invoice date, and other fields.

Why is my payer asking to use a virtual card?

Just like you, they benefit from the speed, security, and efficiency of virtual cards. This is the fastest-growing B2B payment type because of the benefits for payers and vendors alike, and payers are eager to both speed their processing time and pay you more quickly.

Get In Touch

Learn more about the enrollment process with Paymode and start receiving virtual card payments quickly.