Boost Payment Solutions And FIS Partner To Automate And Optimize B2B Virtual Card Payments

  • Payments
  • 01.08.2025 09:15 am

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.

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