ConnexPay has introduced a variable-rate virtual card intended to permit strategic supplier spending at pre-negotiated rates.
The new ConnexPay Flex provides clients with a wide range of rate categories when paying suppliers in the United States, according to a news release issued Tuesday (February 13).
“With ConnexPay Flex, our clients now have over 30 payment rate options for any unique supplier payment challenge, providing them with the maximum flexibility for driving supplier acceptance while also increasing profitability,” Bob Kaufman, ConnexPay’s founder and CEO, stated in the statement.
According to the announcement, this new dynamic payment feature will be added to the company’s ConnexPay Exclusives array of payment alternatives.
ConnexPay also provides an all-in-one platform for handling B2B payments, which includes both sales and supplier payments, according to the press release.
While the firm remains focused on the travel and tourist industry, the solutions it provides may be used to a wide range of corporate payment use cases, according to the statement.
“Over the past year, ConnexPay has more than doubled its customer base, expanded its global footprint, and continued to launch new products and features that transform the B2B payments space,” according to a news statement.
