Boost Sees Growing Demand for its Innovative Payment Platform, Boost Intercept (SM)

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Oct 15, 2014, 10:00 ET

NEW YORK, Oct. 15, 2014 /PRNewswire/ -- "What's Next B2B Payments Conference" -- Boost Payment Solutions, the leading B2B acquirer and provider of payment technologies, today announced growing demand for its Boost Intercept^SM platform among commercial card issuers, third party processors, corporate payers and suppliers. Boost Intercept^SM streamlines commercial card payments by eliminating the need for suppliers to manually process transactions or access card data, expediting reconciliation and reducing the cost of acceptance.

Boost Intercept^SM enables suppliers to optimize their card acceptance by supporting "ghost" or single use cards, without the need to log on to multiple portals, "hunt down" card data and manually process transactions; all of which are resource intensive and present potential data security issues.

"Boost Intercept^SM cures those pain points that are often associated with, and have historically limited, large scale commercial card acceptance – it's that simple" said Dean M. Leavitt, Boost CEO. "We heard the chorus of pain points among suppliers and responded by developing ground-breaking technology that simplifies the use of commercial cards for the entire ecosystem." Boost Intercept^SM is an incredibly powerful platform that allows suppliers to optimize their card acceptance by lowering costs, automating what is often a cumbersome and manual process, simplifying and expediting reconciliation, while eliminating their exposure to sensitive card data, all of which add up to increased efficiencies for our customers."

Key Benefits to Suppliers

Lowest commercial card acceptance costs and proprietary interchange rate structures
Automated transaction process increases operational efficiencies and eliminates human error
Customized and fully automated remittance reporting expedites reconciliation
No exposure to sensitive card data

Boost Intercept^SM is available to Issuers and Acquirers on a white label basis to enhance their current offerings, by transforming ghost and single use cards into Buyer-Initiated Payment experiences for their corporate clients.

Key Benefits to Issuers and Acquirers

Retain customers considering moving to competitors that adequately support B2B payments
Enhance supplier enablement initiatives by providing effective B2B product offerings
Increase interchange revenues by reinvigorating stagnant commercial card programs

Call 888-222-7122 to learn more about Boost's suite of acceptance optimization programs, all of which can be white labeled.

Boost Payment Solutions is the leading B2B acquirer providing organizations with ground-breaking solutions and technology to optimize commercial card payments and acceptance making the migration of paper-based payments to electronic alternatives easy and seamless. www.boostb2b.com.

SOURCE Boost Payment Solutions