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White Paper

How Banks Win Corporate Payments Market Share

Summary

A partnership with CSI globalVCard provides banks with a distinct competitive advantage and the ability to capture market share in one of the most dynamic sectors within the world of financial services: corporate payments.

Whether through the software licensing of globalVCard’s platform (white-labeling) or a referral partnership, banks gain the ability to go to market quickly with a fully supported, end-to-end electronic payments program.

Market Need

While banks have mastered the traditional payment services that businesses need, i.e. checking accounts, ACH and wire transfers, as well as the issuance of corporate credit cards, these conventional offerings have remained largely unchanged for decades.

Lacking a focus on innovation, banks often do not have the ability to rapidly develop offerings built on more modern technology.

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WP-side-How banks win
  • "CSI has been a great partner. They understand the various card programs and how to make their payables program work for the benefit of our bank and our customers.”

    Matt Minchow Executive Vice President, Mutual of Omaha Bank

Benefits of the globalVCard accounts payable system

No Cost

Our small admin fee is offset by the revenue you’ll earn, resulting in a no-cost enterprise solution.

New Revenue

Earn monthly cash back rewards based on virtual card spend, generating new revenue just by paying your bills.

Integrated

Easily integrates with existing ERP or accounting system to simplify reconciliation and save staff time.

Secure

Single-use virtual card numbers become invalid once the transaction is complete, eliminating the risk of stolen card numbers or lost checks.

Greater Efficiency

globalVCard paysystems automates payments, mirroring existing workflow processes while eliminating the risk of manual errors.

Fully Supported

CSI handles 100% of the initial vendor enrollment and will fully train and support your team with our award-winning customer service.

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