Vendors

Say yes to virtual credit card payments and see how easy it is to grow your business.

Vendors who join CSI’s Vendor Network get paid faster with more secure payments. It’s that simple. They’re also instantly visible to thousands of potential customers who prefer paying vendors with virtual cards. Our virtual card payments are accompanied by invoice-level data which means your reconciliation process is about to get a whole lot easier. We make it easy to automate accounts receivable (AR) and set your business up to receive fast and secure virtual credit card payments from every customer.

If your company is not setup to accept credit card payments, click here to learn how easy it is to get set up.

What You Can Expect

Efficiency and Visibility

  • Fast payments for increased cash flow.
  • Multiple invoices in batch files handled with a single payment.
  • Easy reconciliation with unique virtual credit card numbers and full remittance detail.
  • Zero time spent collecting on outstanding invoices.
  • Frequent reminders of issued payments not yet processed.

Support

  • Extraordinary customer service 24/7 including live chat.
  • Dedicated vendor enrollment team.

Opportunity

  • Access to thousands of businesses through the CSI network of preferred vendors.
  • Exposure to potential buyers who prefer virtual credit cards as a payment method.

Security

  • Overcome losses associated with lost or stolen card numbers and manual check payments.
  • Receive sensitive payment information via a secure portal or secure email.
  • "Payments we received from CSI Paysystems were the easiest and most secure. We liked it so much that we started using it ourselves for our own payables too. Not only is it more efficient, and our auditors say it's more secure without paper checks floating around, but we also get money back - that's new revenue for our business. It's a no brainer. I only wish I had done it sooner."

    Jeff CFO of Fortessa Dinnerware Solutions

How It Works

  • STEP 1

    Customer approves vendor invoice batch in CSI Paysystems.

  • STEP 2

    Payment is disbursed via secure email validation, vendor portal, or STP.

  • STEP 3

    Payment is processed through vendor's merchant processor.

  • STEP 4

    Funds are settled in days versus weeks.

  • STEP 5

    Payment remittance details are exported directly into your ERP for automated reconciliation.

Why accept virtual credit cards?

Customer Demand

Virtual credit cards continue to grow in business to business (B2B) payments. Within the next five years commercial cards are expected to surpass checks. With over 1 trillion credit cards already being circulated by credit-qualified buyers, now is the time to meet this global demand and optimize your back office for electronic card payments.

Reduced Transaction and Interchange Fees

Using a provider that offers Level III processing vastly reduces the credit card transaction fees. Level III processing collects and sends more detailed data for each transaction, including product code, item quantity, and destination zip code, which reduces your credit card processing fees.

CSI has partnered with industry-leader TSYS Merchant Services to provide access to preferred rates and to help optimize your payment processing.

Learn more about TSYS Merchant Services.

Automation

Acceptance of virtual cards reduces manual processes associated with paper while streamlining workflows and reconciliations.

No Additional Costs

There are no additional fees to join the Vendor Network and start accepting virtual card payments, outside of your existing credit card processing fees.

Quick Cash

Accepting virtual cards speeds up the accounts receivable process with payments settled in a fraction of the time it takes to complete other payment types.

Security & Fraud Protection

Our virtual cards adhere to the global operating rules of Visa and Mastercard as well as PCI-DSS certification security standards, which means your reputation, your customer data, and your transactions are on lock down and safe from fraudulent activity.

Bad Debt Reduction

Automating the acceptance of virtual cards eliminates the occurrence of non-payment and the resulting bad debt, ultimately reducing costs associated with accounts receivable recovery.

Ready to get started? Click the button below and a member of our team will be in touch.

Vendor Success Story with CSI Paysystems.

  • "We used to spend at least three days every month making phone calls to collect payments. With CSI Paysystems we receive our payments like clockwork."

    Steve Morauski Nu Image Dry Cleaners
side-cs-nu-image

If your company is not setup to accept credit card payments, call 866-998-0437 to learn how easy it is to get set up.

How It Works

STEP 1

STEP 1

Customer approves vendor invoice batch in CSI Paysystems.

STEP 2

STEP 2

Payment is disbursed via secure email validation, vendor portal, or STP.

STEP 3

STEP 3

Payment is processed through vendor's merchant processor.

STEP 4

STEP 4

Funds are settled in days versus weeks.

STEP 5

STEP 5

Payment remittance details are exported directly into your ERP for automated reconciliation.

Why accept virtual credit cards?

Customer Demand

Virtual credit cards continue to grow in business to business (B2B) payments. Within the next five years commercial cards are expected to surpass checks. With over 1 trillion credit cards already being circulated by credit-qualified buyers, now is the time to meet this global demand and optimize your back office for electronic card payments.

Reduced Transaction and Interchange Fees

Using a provider that offers Level III processing vastly reduces the credit card transaction fees. Level III processing collects and sends more detailed data for each transaction, including product code, item quantity, and destination zip code, which reduces your credit card processing fees.

CSI has partnered with industry-leader TSYS Merchant Services to provide access to preferred rates and to help optimize your payment processing.

Learn more about TSYS Merchant Services.

Automation

Acceptance of virtual cards reduces manual processes associated with paper while streamlining workflows and reconciliations.

No Additional Costs

There are no additional fees to join the Vendor Network and start accepting virtual card payments, outside of your existing credit card processing fees.

Quick Cash

Accepting virtual cards speeds up the accounts receivable process with payments settled in a fraction of the time it takes to complete other payment types.

Security & Fraud Prevention

Our virtual cards adhere to the global operating rules of Visa and Mastercard as well as PCI-DSS certification security standards, which means your reputation, your customer data, and your transactions are on lock down and safe from fraudulent activity.

Bad Debt Reduction

Automating the acceptance of virtual cards eliminates the occurrence of non-payment and the resulting bad debt, ultimately reducing costs associated with accounts receivable recovery.

Ready to get started? Fill out the form below and a member of our team will be in touch.