Business Payments Network

Business Payments Network from VISA & BillTrust, is very similar in it's desires to the Business Payment Directory from NACHA. payments has benefits for all parties involved in online bill payments.

The BPN is a directory-like service that can be accessed by buyers” through their financial institutions and accounts payable platforms in order to facilitate payments and have electronic access to those payment preferences. Through the integration of Billtrust’s Virtual Card Capture and Visa’s Straight Through Processing Solution BPN automates the processing and invoice matching for companies across the platform.
BPN’s stated goal is to route electronic payments for corporate buyers to their suppliers, and to offer up those options, spanning dynamic discounting and setting the stage for buyers and suppliers to negotiate and navigate their relationships on their own terms.

How It Works

For the last two decades, as a supplier-focused payments solution, Billtrust has compiled a supplier-side directory of payment preferences and methods for the 2,000 or so largest suppliers in the U.S. That serves as the basis for BPN, which Lane told Webster is, first and foremost, a transparent registry of all those suppliers that accept digital payments and what types of digital payments they prefer. The second, and most important, thing it provides is a way to connect those supplier preferences to the buyer so that the payment can be pushed through the BPN.

Why use Business Payments Network payments?

• Fastest Payments
• Final Payments
• Good Funds Payments
• Immediate Payments
• FedNow Instant Payments
• Just-in-Time Payments
• Last-Minute Payments
• Last-Second Payments
• On-Demand Payments

When mailed Checks, "Next-Day" or "Same-Day" payments are too slow - think Instant Bill Payments:

• Business Payments Network payments are SAFE:

  Account-to-Account transactions, using bank login authorization, are the most secure method of funds transfer available.

Business Payments Network payments are FAST:

24/7/365 payments and access to funds anytime.

Business Payments Network payments are EFFICIENT:

The platform makes digital payments effortless and more efficient. We drive efficiencies and cost savings.

Business Payments Network payments are EASY TO USE:

It connects users across the globe all through one digital hub. Worried about Internet security? DON'T BE:

• Fraud Protection: Identify, manage and prevent suspicious or potentially costly fraudulent transactions with our customizable, rules-based solutions.

After a transaction is processed, you'll even receive an e-mail with amount confirmation and receiver information. Plus, our payment platform gives you the ability to manually key-in transactions anywhere there's an Internet connection.

More than Same-Day ACH:


By the way, we own Same-DayACH.com, so we can offer you both solutions!

FedNow Instant Payments doesn't share banking information between parties:

"...consumers and businesses indicated that they would rather share an e-mail address or a phone number to make/receive payments instead of sharing their bank account numbers." Page 29, Strategies Improving US Payment System

Credit Transfer:

Basic multi-purpose payment message, including remittance information.

Request for Payment:

RfP® to support P2P funds request and EBPP - Electronic Bill Presentment & Payment.

Payment Acknowledgement by Receiver:

Message from the receiver to the sender regarding payment dispositions (e.g. invoice paid, good shipped, etc.).

Request for Information & Response:

Receiver request for additional information about a payment (e.g. requesting customer account number, invoice number, or purpose of payment).

Remittance Advice:

Extensive remittance detail not included in the Credit Transfer message.

Sending money with Business Payments Network payments is:

• Instant - funds will be received in seconds.
• Flexible - send or receive one-time and recurring payments.
• Easy - it's all done online or via your mobile device, no need to visit the bank.
• Quick - takes seconds to set use once your company is approved.
• Secure - money goes directly into the recipient's account of choice.
• Convenient - funds can be instantly accessed and spent.
• Inexpensive - one of the cheapest on the market as there are no costs for the receiver.

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Have Questions?

We have fast, friendly support!.

Our in-house experts are standing ready to help you make an informed decision to move your company's payment processing forward. Allow us to offer and create an electronic payment processing program to provide you access to your funds in an expeditious manner.