Bottomline, a leading provider of business payments solutions, announced a partnership with MassPay, a payment orchestration and global financial platform, to embed Paymode’s virtual card and Premium ACH capabilities directly into the MassPay platform. MassPay customers can now pay U.S. vendors through Paymode’s secure network alongside the payments they already run on MassPay.
As payment fraud targeting businesses continues to rise, finance teams need vendor payment methods that protect both sides of the transaction. The integration gives MassPay customers access to Paymode’s wide network of enrolled vendors and adds virtual card and Premium ACH as secure vendor payment options. Businesses can reduce fraud risk, keep better control over who gets paid and how, and manage it all on the platform they already use. For organizations still paying some vendors by check, it also offers a simple path to secure electronic payments.
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“Security is at the center of every payment our customers make,” said Ran Grushkowsky, Co-Founder and CEO of MassPay. “Adding Paymode’s services gives our customers secure ways to pay vendors, backed by a trusted network, without adding another system to manage.”
“Finance teams are under pressure to protect against fraud while doing more with fewer resources,” said Gunita Bindra, Vice President, Partnerships and Business Development at Bottomline. “MassPay has built a strong platform for moving money across a wide range of payment scenarios.
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