Service Details

Industry Types

Healthcare
Media, Telecom and Entertainment
E-Commerce

Payment Solutions

Treasury

Solution availability

NAMR

Boost Payment Solutions

The collaboration between Boost Payment Solutions and J.P. Morgan helps virtual card and SUA users capture incremental commercial card spend and maximize revenue by expanding card usage across a broader portion of enterprise payments. Boost’s card-to-account solution, Boost 100®, enables J.P. Morgan clients to use their cards to pay any vendor that accepts ACH or wire with a card-based payment to improve working capital and cash flow flexibility by allowing buyers to leverage card float, capture early-payment discounts, facilitate card payments to suppliers that won’t enroll for card acceptance and help distributors accelerate inventory turnover while easing liquidity constraints. Boost 100 expands card spend opportunities and rebate potential for large non-accepting suppliers, helping organizations unlock higher rebate tiers and maximize card program value.

Partner product overview

Boost Payment Solutions and J. P. Morgan work together to help commercial card customers capture incremental spend and maximize their program revenue by increasing card acceptance.

Transactions are enabled by Boost’s patented Straight-Through Processing (STP) platform, Boost Intercept®, which automates the processing and reporting of single-use account (SUA) and other virtual card payments. Acting as a “lockbox” for card payments, Boost’s platform transforms email and file-based payment notifications into touchless transactions and delivers enriched remittance data directly to supplier systems, eliminating manual effort and improving the supplier experience. Suppliers only see the last four digits of card numbers for identification and tracking purposes, preventing unnecessary exposure of sensitive card information. J.P. Morgan clients can take advantage of Boost’s extensive global network of thousands of companies that use Boost Straight-Through Processing (STP) to automate their acceptance of virtual cards. Boost also offers best-in-class supplier enablement services to increase acceptance of commercial cards, driving incremental revenue for card programs. Boost has proven expertise in onboarding large, strategic suppliers by addressing card acceptance pain points and creating a compelling value proposition for participation. In addition, Boost provides dedicated retention and attrition support that helps J.P. Morgan commercial card programs maximize long-term program performance.

With Boost 100, virtual card, SUA and other commercial card users can utilize their existing J.P. Morgan card programs to pay any supplier, even those that do not traditionally accept card payments. By eliminating supplier enrollment or acceptance as a constraint and facilitating payments with special, low proprietary rates, organizations can extend card usage across their entire spend base, unlocking additional working capital.

Benefits for J.P. Morgan clients

Quick and Easy - no additional implementation, development or IT work is required to start using Boost's solutions.
Growing Network - access thousands of card-accepting suppliers around the world.
Optimized Working Capital - flexible solutions to help unlock and improve cash flow.
Increased Data Security - eliminate exposure to card data and reduce fraud.
Operational Efficiency - eliminate manual workflows with end-to-end payment and data automation.
Supplier Enablement - well-executed campaigns and support services specifically designed to expand card acceptance.

Partner bio

Boost Payment Solutions is the global leader in B2B payments with a technology platform that is purpose-built to meet the complex demands of today's commercial trading partners. Our proprietary technology solutions bridge the needs of buyers and suppliers around the world, eliminating friction and delivering process efficiency, payment security, data insights and revenue optimization. Boost was founded in 2009 and operates in 180+ countries.