Your business benefits with Visa STP
- Reduced payment costs. Visa STP eliminates manual processing, so there’s no need to print paper checks.
- Fast and accurate reconciliation. With Visa STP, you initiate each payment for a specific amount and Visa sends you complete purchase details for improved reconciliation.
- Easy implementation. Visa STP integrates seamlessly into your existing processes without disrupting business.
- Stronger vendor relationships. You may get more favorable terms with participating suppliers by automating payments.
- Greater control over payment timing. Your accounts payable team can initiate payments with vendors on your schedule.
Make fully automated payments a reality. Contact your bank to enroll in Visa STP today.