globalVCard paysystems Electronic Accounts Payable Solution
Introducing an electronic accounts payables solution that streamlines the procure-to-pay business cycle. The CSI Virtual MasterCard® also known as CSI globalVCard™ paysystems seamlessly integrates with your procurement system to deliver unparalleled control over the vendor settlement process.
With Virtual Payment, CSI electronically generates a unique MasterCard account number for every purchase order and vendor settlement. This account number is linked to your system generated purchase order.
Improve efficiencies, reduce costs and automate your vendor settlement process.
- Generate revenue with substantial cash rewards on all vendor payments
- Secure card account numbers are one time use and can only be processed for the amount you specify
- No annual fees or recurring costs
- Green alternative with no more checks to process, print or mail
- Global acceptance at any vendor that accepts MasterCard payments
- Eliminate costs associated with printing and mailing paper checks
Revolutionary:
The globalVCard™ paysystems for Accounts Payable is an electronic vendor payment alternative to paper check payments. When making vendor payments, a unique one-time use Virtual MasterCard account number is generated for each vendor payment. The vendor receives payment through a secure automated email remittance. The globalVCard payment method is truly revolutionary and will change the way you think about payments.
Safe & Secure:
Our virtual payment application is safe, secure and easy to administer. It is ideal for any size company focused on achieving business process efficiency, cost savings, and incremental margin improvement. The process is as simple as initiating a payment request from your purchase order system or ERP.
In most cases, the Virtual MasterCard payment method will be integrated with your current AP software, so there is no additional software to purchase. With the integrated settlement solution, authorized personnel electronically request a Virtual MasterCard account number that is displayed in the user application. This MasterCard account number is then given to the supplier and processed as any other MasterCard payment. Vendor settlement is received within 24-48 hours. A response is sent to you for electronic reconciliation.