Edenred Pay, a leading provider of invoice-to-pay automation, announced a new partnership with Bottomline, a global leader in business payments and cash management, to integrate Paymode, Bottomline’s trusted business payment network, into the Edenred Pay platform. This integration extends the Edenred Pay Network to 800,000 vendors, creating one of the industry’s broadest vendor ecosystems and unlocking new levels of digital payment adoption, security, and efficiency.
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By connecting Edenred Pay’s platform with Paymode’s expansive vendor network, the partnership drives higher digital payment adoption, delivers rich remittance data to vendors, and increases customer and vendor satisfaction through a streamlined experience. The integration also offers a broad multi-rail payment ecosystem, supporting virtual cards, Premium ACH (Automated Clearing House), ACH, and checks, all within a single automated workflow.
“This partnership represents a major leap forward in connecting buyers and vendors through an embedded, intelligent payment experience,” said Alex Hoffmann, General Manager of Edenred Pay.
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With the combined offering, organizations can accelerate the digitization of their payables, reduce friction, increase conversion to digital payments, and improve reconciliation. It offers a seamless path to digital payments while maintaining the security buyers’ requirements, especially in an environment of rising fraud risk and data complexity.
“This partnership represents a major leap forward in connecting buyers and vendors through an embedded, intelligent payment experience,” said Alex Hoffmann, General Manager of Edenred Pay. “By bringing Paymode into our ecosystem, we’re giving customers access to one of the largest networks of verified vendors available today. More vendors, more payment choices, more automation: this is how finance teams accelerate digital transformation while keeping full control over security, visibility, and cash flow.”
“For customers, this isn’t just about payments – it’s about making integration simple,” said Mike Jackson, SVP of Paymode at Bottomline. “Finance teams don’t have to juggle multiple systems or chase vendor enrollment. One secure connection speeds up onboarding and makes digital payments easier, without adding complexity. It’s a smarter way to move payables forward, and we’re excited to welcome Edenred Pay and their customers to our network.”
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Access to Paymode will be available to Edenred Pay customers beginning immediately.
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Source : prweb