TreviPay Launches Pay By Invoice With Visa

TreviPay on Jan. 20 debuted Pay by Invoice, a tool for Visa-issuing banks that integrates TreviPay’s order-to-cash automation with Visa’s commercial payment network. The offering targets capture of a share of the $58 trillion North American B2B payments market and gives suppliers early payment, typically within two days, while allowing buyers negotiated terms of 30, 60 or 90 days. Banks can use the integration to convert fragmented off-card spend into issuer-financed invoice transactions and automate order-to-cash workflows.