Fintech company Adyen has announced it is partnering with BILL to deliver advanced acquiring and issuing experiences for BILL’s accounts payable (AP) and accounts receivable (AR) solutions.
The partnership with BILL’s financial operations platform had previously started with Adyen for Platforms’ card acquiring and has grown to include card issuing capabilities. By offering an integrated platform, BILL enables small and midsize businesses (SMBs) to control their payables, receivables and spend and expense management in a more efficient manner.
Under the deal, Adyen’s card issuing services have been incorporated into BILL’s virtual card offering as part of BILL Accounts Payable and Accounts Receivable solutions.
“We are proud to be a part of BILL’s focus on helping SMBs thrive as we scale our relationship into card issuing with a category leader in financial operations. With our licensing framework and embedded financial products both integrated together, we look forward to being a part of BILL’s robust ecosystem of card products and services,” Blake Breathitt, SVP of Platforms and Financial Products at Adyen.
“Because of their trust in BILL, our customers can easily make their payments and get back to running their business. We are pleased to work with Adyen to better ensure continued resiliency for our customers and their card products and services needs,” Loren Padelford, BILL Chief Commercial Officer added.
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Image source: Adyen
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