If your goal is to automate and initiate payments directly to your suppliers — streamlining the process for all parties — then you need EC-Pay, 3DSI’s buyer-initiated payment system (also known as push pay). Using the traditional credit card processing networks, this end-to-end commercial payments system puts you in control of your payments while simplifying and expediting the process for both you and your suppliers.
With EC-Pay, you decide when an invoice is paid, initiating and processing payments by purchasing card (P-card) when you’re ready. No action is required by your suppliers to receive payment, and you never have to share your card number with them. Plus, the amount on the invoice will always match the amount of the payment because you control the transaction. And each transaction contains remittance details and payment notification for your suppliers.
Plus, buyer-initated payments qualify for the lowest available commercial card interchange rates, making this payment type much more appealing to your suppliers.
EC-Pay integrates with your existing ERP and accounting system, such as SAP, Oracle, Microsoft, JD Edwards and more. And we can even handle vendor outreach and enrollment on your behalf.
Learn more below.
Processes all major card brands.
Flexible design and easy implementation.
Superior payment security.
Enhanced security option through CardVault.
Saves time and money.
Bonus: All parties can make use of the Level-3 line item detail capabilities of the EC-Pay system to ensure transaction accuracy and reconciliation capability.