Mobile Menu Insights

Virtual Payments for Buyers

Cardless accounts to complement or expand your commercial card program

Organizations like yours are increasingly seeking new and innovative ways to take costs out of the supply chain and increase bottom line results. Virtual payments can help you achieve these goals by improving your payment efficiency, visibility and control.

With virtual payments, you simply submit payment instructions online, through an automated file process or via web service. We pay your suppliers securely and provide complete remittance information. You can monitor your payments with automated reconciliation and reporting capabilities.

  • Eliminates expensive check writing – Choose from a variety of automated virtual payment options to meet both your payables strategy and the needs of your suppliers.
     
  • Lets you retain control over payments – Like a check, single-use virtual accounts can be set to a specific supplier, date range and payment amount, so you retain complete control over your payables process.
     
  • Enhances payment security – Your payments are processed only when approved and only for the amount authorized, giving you enhanced security and the convenience of automated reconciliation.

Virtual payments are available as part of Access Online and Commercial Payments Manager, giving you options tailored to fit your organization’s size and needs. 

To learn more, contact U.S. Bank Virtual Payments Sales Manager:
Jake Osborne
jacob.osborne@usbank.com
262-784-2262

U.S. Bank Virtual Pay

Improve your bottom line with virtual payments

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U.S. Bank Commercial Payments Manager Mobile

Access anywhere, anytime, from any device

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U.S. Bank Virtual Payment Instructions

Choose the level of automation and efficiency that works best for your organization

View more »

Commercial Payments Manager

Consolidate card and expense management activities in one platform » more information »





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