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Citi inaugurates Asia Pacific B2B commercial cards solution with Invapay

Thursday 10 December 2015 08:49 CET | News

Citi has launched an Asia Pacific B2B commercial cards solution, for its client Hanson Australia, using Invapay’s technology platform.

The payment system uses a credit card platform to pay suppliers who have not accepted credit cards until this point.

Using Visa’s card services, with Citi as card issuer, and Invapay’s technology platform, clients can obtain extended payment terms while effecting payments to suppliers.

For example, Invapay enables non-accepting suppliers to be paid in any location across the world in any currency. Unlike traditional card payments, the Invapay solution removes the need for suppliers to have a merchant facility.


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Keywords: Citi, Asia Pacific, B2B, Commercial Cards, Invapay, payments , suppliers, Visa
Categories: Banking & Fintech
Companies:
Countries: World
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Banking & Fintech