ACBB Virtual Card

ACBB launches its Virtual Card Program in partnership with WEX, Inc.

April 13, 2022

Camp Hill, PA – ACBB is pleased to announce the launch of its Virtual Card program in partnership with WEX, Inc., a leading innovator in the commercial payments industry.

The ACBB ‘Virtual Card’ will allow community financial institutions to leverage a solution previously only available to big banks and ‘large corporate’ users.  This new tool will permit community FIs to embed a completely new payment type into their accounts payable routine thereby enabling a more efficient, automated paperless payment option that saves time, increases productivity, reduces the chance for fraud, and can create a valuable revenue stream through a sharing of the merchant interchange.

ACBB will work with its community FI clients through a highly customized on-boarding experience.  From helping to analyze the opportunity based on current vendor relationships and spend patterns to assistance in refining current A/P policy, working on custom enrollment campaign materials, to technical assistance with A/P payment file integration.  ‘This ‘hands-on’ approach further distinguishes ACBB’s successful, wholistic partnership with its respondents’, says Kimberly Housley, Product Analyst at ACBB.

WEX brings decades of innovation within the commercial card space and is excited about the program created with ACBB. Recognizing that a channel opportunity will bring this solution to an audience grounded in trust and supplemented by its expertise in payments, means a sustainable way to bring innovative capabilities into community FIs.

Efficiency, transparency, and control have never been more important in the overall ‘procure to pay’ process.  The Virtual Card can be a relatively easy incremental step for your finance and accounting team to have a meaningful and sustainable strategic impact on the bottom-line for your institution.  Let ACBB show you just how valuable this solution can be… Contact your Relationship Manager today!

For additional information CLICK HERE to view a short video on the ACBB website that helps visualize Virtual Card.

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