Identify suppliers accepting Visa
Visa scans your accounts payable files to let you know which of your suppliers accept Visa, even if you have been paying them by other methods, such as cheques.
Spend less time processing payments
Reduce inefficiencies and boost your control over the payments process with Visa Payables Automation.
How it works
Streamline the way you pay suppliers.
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Send files
Step 1: Send files to Visa or your commercial banker.
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Process files
Step 2: Visa processes these accounts payable files.
Adjust limits
Step 3: Visa adjusts card limits to approved invoice amounts
Send notice
Step 4: Visa sends remittance notices to your suppliers.
Card charged
Step 5: Your supplier charges the commercial card.
Track records
Step 6: Visa creates an electronic reconciliation file.
Control spending
Visa can automatically adjust your commercial card limit to match approved invoices, reducing the risk of unauthorised activities.
Optimise cash flow
Since your supplier charges a Visa account, you don’t have to pay until you receive a consolidated bill from your bank.
Pay suppliers
Get the advantages of automated payments.
Enrolling suppliers
Some of your suppliers may not yet accept your commercial card. Visa will identify these suppliers so you have the opportunity to extend your card programme.