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News from the Wire

Boost Payment, FIS team up to automate, optimize B2B virtual card payments

Friday, August 01, 2025 — 16:16:44 (UTC)

[New York, NY] – July 30, 2025 – Boost Payment Solutions, a global leader in optimizing virtual card usage and acceptance, today announced a strategic partnership with FIS®, a leading provider of global financial technology solutions. The collaboration will bring Boost’s multi-patented straight-through processing (STP) technology Boost Intercept® into FIS’s Automated Finance suite— transforming both accounts receivable (AR) and accounts payable (AP) automation for their enterprise customers.

Boost Intercept streamlines virtual card acceptance by removing the costly, manual workflows typically tied to email-based processing. Through its connectivity with FIS’s Automated Finance solution, both new and existing GETPAID and BillerIQ customers can now access the benefits of Boost Intercept—giving AR teams a seamless, automated way to accept virtual cards while additionally gaining:

Lowest-cost acceptance (Level 3 and Large-Ticket interchange)

Enhanced remittance reporting

Reduced fraud risk with the safest payment option available

Streamlined reconciliation

The partnership also strengthens FIS’s accounts payables offering by leveraging Boost’s supplier enablement services, robust supplier network, and STP acquiring technology. FIS customers can now expand their virtual card programs at no cost while offering their suppliers a secure, automated virtual card acceptance experience through Boost Intercept, ultimately deepening buyer-supplier relationships and maximizing program value.

“With digitization becoming more of a priority for the Office of the CFO, finance leaders are looking to modernize every aspect of the receivables process,” said Dean M. Leavitt, Founder and CEO of Boost Payment Solutions. “By integrating Boost Intercept into the FIS ecosystem, suppliers now have access to a fully automated, scalable solution for commercial card acceptance, eliminating manual processing, accelerating cash flow, and unlocking the real benefits of AR automation when it matters most.”

​​Since 2009, Boost has been reinventing how card payments are initiated, accepted and processed for companies worldwide. This partnership marks a milestone for both Boost and FIS in the business-to-business space by offering organizations an innovative solution to streamline virtual card processing and unlock new levels of financial optimization.

“Virtual card adoption continues to rise as payables departments realize the working capital benefits and reduced fraud risk typically associated with check payments. However, it’s no secret that virtual card acceptance introduces complexity for receivables departments” said Chrissy Wagner, SVP of GTM, FIS Automated Finance. “FIS is uniquely positioned to solve this dynamic for the office of the CFO. This collaboration with Boost Intercept complements our solution suite, unlocking the automation and revenue acceleration our clients have come to expect and demonstrates our continued commitment to modernize the office of the CFO.”

This partnership between two global B2B payment leaders sets the stage for deeper alignment and joint innovation. By uniting FIS’s robust automation capabilities with Boost’s purpose-built straight-through processing (STP) technology, the collaboration drives greater efficiency, enhanced cash flow, and a smarter, more seamless payment experience for buyers and suppliers alike.

To learn more about how Boost Intercept is automating virtual card acceptance for FIS customers, visit our webpage here: FIS GETPAID + Boost Payment Solutions

About Boost Payment Solutions

Boost Payment Solutions is the global leader in B2B payments with a technology platform that seamlessly serves the needs of today’s commercial trading partners. Our patented 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. Please visit us at www.boostb2b.com.

Legal Disclaimer:

This press release contains forward-looking statements regarding Boost Payment Solutions and FIS, including statements relating to anticipated benefits of the partnership and the features of the integrated solutions. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially from those expressed or implied. Neither Boost Payment Solutions nor FIS undertakes any obligation to update or revise any forward-looking statements. All product and company names mentioned herein may be trademarks of their respective owners. This document is for informational purposes only and does not constitute an offer or commitment.

Tara Lefave Stred Public Relations | Three Rings Inc. m: (978) 835-6686 e: tstred@threeringsinc.com www.threeringsinc.com

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Source: Company press release.

Categories: Partnership

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