Introducing Virtual Card
by Mail
Increase revenue share and virtual card acceptance within your supplier base with Card by Mail.
Increase revenue share and virtual card acceptance within your supplier base with Card by Mail.
Finexio targets in-scope suppliers for acceptance and ensures addresses are up to date
Finexio will print and mail the Card by Mail and remittance.
Suppliers will process their payment as they would with any other merchant terminal
Finexio will monitor payments to ensure delivery and tracking
Finexio manages the entire process including mailing your virtual cards to your suppliers
Supplier profiling for Card by Mail identifies known card acceptors, increasing the likelihood of suppliers processing payment via their merchant terminals
Virtual card payments are more secure than mailing checks. Single-use cards and the need for specific equipment to process virtual cards lower fraud risk
The program pays for itself. Card by Mail offsets the traditional check costs
Card by Mail introduces greater card issuance and proven high adoption rates, leading to greater revenue share back to our customers
Data collection from opt-out will be used for a re-engagement to educate suppliers on the benefits of virtual cards with Finexio's ongoing supplier management campaigns
Virtual cards are typically sent and delivered to suppliers via email address. Virtual cards (by email) offers similar benefits to Card by Email, but with the added layer of security and speed that electronic payments offer. Finexio uses AI driven technology mixed with Supplier Management campaigns to educate and move your suppliers over to Virtual Card as a primary form of payment. This also provides you and your business with monetization of your AP payments.