Using Data to Boost B2B Payments
Boost Payment Solutions Uses the Worldpay from FIS® iQ Platform to Transform Commercial Cards
Traditional B2B payments systems are fraught with inefficiencies that cause friction, errors and delays. As more businesses look to replace manual payments processes with digital technology, one company is leading the way.
Since 2009, Boost Payment Solutions has been at the forefront of B2B electronic payments, delivering payment processing efficiency, security, data insights and revenue optimization for their clients worldwide. The company’s technical innovations have transformed commercial cards into a cost-effective, scalable and secure alternative to traditional checks, wire transfers and ACH.
Headquartered in New York City, Boost currently operates in more than 45 countries with clients spanning a broad spectrum of industries including healthcare, telecommunications, supply chain, logistics, insurance, transportation, real estate, manufacturing, utilities, media and advertising.
More than just payments
Boost has partnered with Worldpay from FIS® since 2014 to develop solutions to drive efficiency, simplify processes and minimize fraud risk for their B2B clients.
Boost Payment Solutions uses the Worldpay iQ platform to enable and support flexible payment options and streamline operations. An automated solution, iQ provides in-depth, actionable payments reporting and analytics across multiple platforms to reduce the risk of errors and drive business growth.
As a recipient of one of the 2021 FIS Impact Awards – a program that highlights forward-looking organizations that use FIS technology to enhance customer service, drive tangible business results and advance commerce and the financial world – Boost was recognized for its use of the Worldpay platform to convert commercial card payments into a fully automated, straight-through processing experience.
At a Glance
OBJECTIVEOptimize commercial card payments for businesses around the world.
RESULTSIn partnership with Worldpay from FIS, Boost Payment Solutions has converted the cumbersome commercial card payments process into a fully automated, straightforward processing experience with comprehensive reporting capabilities.
The Worldpay from FIS iQ platform provides data insights and analytics in an efficient, automated solution that reduces the risk of errors and provides flexible payments options for Boost’s B2B clients.
At Boost, we like to partner with the best and the brightest in the payments industry to develop solutions that no one has ever seen before. FIS is a perfect example of that. Together, we’re able to come up with solutions that are unique and meet the needs of our clients and partners.”
We get to be a solution creator – not just a service provider or another piece of technology.”