Boost

Boost
Company: Boost Payment Solutions, Inc.
Company Size: Mid-Market
Ownership: Private, VC-Backed
Headquarter Country: United States of America
Year Established: 2009
Supported Regions: Africa, Asia, Europe, Middle East, North America, Oceania, South America
Industry Focus: Airline, B2B, Eating & Drinking Places, Education, Finance, Healthcare, Insurance, Manufacturing & Mining, Retail, Software & SaaS, Subscriptions, Telecommunications, Transport & Logistics, Utilities
Processing Volume (USD, per year): 23,000,000,000
Total Transactions: 1,000,000,000
Target Merchant Size: Enterprise
Fee Structure: Custom Per Merchant
Transaction Types: Card Not Present, Recurring Billing
Compliance: HIPAA, PCI DSS, SOC 2
Risk Management: Fraud Prevention
Global Payments: Cross-Border Acquiring, Multi-Currency Support
Developer & Integration: Web Services API
API Accessibility: Not Accessible
Reporting & Onboarding: Reporting API

Boost Payment Solutions: Revolutionizing B2B Payments with Intelligent Automation

Boost Payment Solutions is a global fintech leader specializing in B2B payment automation. Founded in 2009 and headquartered in New York City, Boost has transformed how businesses manage commercial card payments by eliminating manual processes, enhancing security, and optimizing working capital. With operations in over 180 countries and a client base that includes 64 Fortune 100 companies, the provider is a trusted partner for enterprises seeking scalable, secure, and efficient payment solutions.

Key Features of Boost

1. Boost Intercept® – Patented Straight-Through Processing (STP)

Boost Intercept® is Boost’s proprietary STP platform that automates the processing of virtual cards and Single-Use Accounts (SUA). By converting email or file-based card notifications into passive payments with enhanced remittance reporting, it eliminates manual workflows, reduces errors, and enhances data security.

2. Dynamic Boost℠ – Rules-Based Payment Engine

Dynamic Boost℠ is a patented, rules-based engine that intelligently routes payments based on predefined criteria. It ensures optimal payment processing by considering factors such as supplier preferences, payment types, and transaction amounts, thereby maximizing efficiency and compliance.

3. Boost 100® – Maximizing Card Spend

Boost 100® enables businesses to pay 100% of their suppliers by card, 100% of the time. This solution expands commercial card programs, increases rebate potential, and improves working capital by extending Days Payable Outstanding (DPO) for buyers while reducing Days Sales Outstanding (DSO) for suppliers.

Global Reach and Compliance

Operating in over 180 countries, Boost offers both domestic and cross-border payment solutions. Its platform supports U.S. domestic payments, U.S. cross-border transactions, and international companies using locally-issued cards. Boost is compliant with industry standards, including PCI DSS, and holds multiple utility patents, underscoring its commitment to innovation and security.

Integration and Partnerships

Boost has established strategic partnerships with leading financial institutions and technology providers, including J.P. Morgan, Worldpay, and Mastercard. These collaborations enhance provider’s capabilities in supplier enablement, data analytics, and global payment processing.

Security and Fraud Prevention

Boost’s platform is designed with robust security measures to protect sensitive financial data. By automating payment processes and eliminating manual handling of card information, the provider has achieved zero fraud losses, providing clients with peace of mind.

Supplier Enablement at Scale

Boost doesn’t just focus on streamlining payments for buyers – it also prioritizes supplier satisfaction through seamless onboarding and flexible acceptance options. Its dedicated supplier enablement team works closely with vendors to ensure smooth adoption of virtual card payments, offering tailored solutions that meet individual preferences. Whether a supplier prefers email, file-based, or direct system integration, Boost facilitates frictionless transactions while maximizing participation and minimizing resistance. This dual-focus approach strengthens buyer-supplier relationships and drives long-term value across the payment ecosystem.

Conclusion

Boost Payment Solutions stands at the forefront of B2B payment innovation, offering a comprehensive suite of tools that streamline payment processes, enhance security, and optimize working capital. Its patented technologies, global reach, and strategic partnerships make it an ideal choice for businesses seeking to modernize their payment systems.

Boost: Frequently Asked Questions (FAQs)

What is Boost Payment Solutions?

Boost Payment Solutions is a global fintech leader specializing in B2B payment automation, helping enterprises eliminate manual processes, enhance security, and optimize working capital.

Which regions and industries does Boost support?

Supported Regions: Africa, Asia, Europe, Middle East, North America, Oceania, South America. Industries: Airline, B2B, Eating & Drinking Places, Education, Finance, Healthcare, Insurance, Manufacturing & Mining, Retail, Software & SaaS, Subscriptions, Telecommunications, Transport & Logistics, Utilities.

What types of businesses use Boost?

Boost primarily targets Enterprise-level merchants.

What is Boost Intercept®?

Boost Intercept® is Boost’s proprietary Straight-Through Processing (STP) platform that automates the processing of virtual cards and Single-Use Accounts, eliminating manual workflows and enhancing data security.

What is Dynamic Boost℠?

Dynamic Boost℠ is a patented, rules-based payment engine that intelligently routes payments based on predefined criteria such as supplier preferences, payment types, and transaction amounts.

What is Boost 100®?

Boost 100® enables businesses to pay 100% of their suppliers by card, increasing rebate potential and improving working capital efficiency.

Does Boost support cross-border and multi-currency payments?

Yes. Boost offers both domestic and cross-border payment solutions and supports Multi-Currency transactions.

What compliance and security standards does Boost meet?

Boost is compliant with HIPAA, PCI DSS, and SOC 2, and its platform has achieved zero fraud losses by automating payment processes and removing manual handling of card data.

What risk management features are available?

Boost provides Fraud Prevention measures as part of its secure payment automation platform.

What integration options does Boost offer?

Boost provides a Web Services API for integration, as well as flexible supplier enablement options including email, file-based, or direct system integration.

Is Boost’s API publicly accessible?

No. Boost’s API is not publicly accessible.

What reporting tools are available?

Boost offers a Reporting API for data and analytics access.

Who are Boost’s strategic partners?

Boost partners with organizations such as J.P. Morgan, Worldpay, and Mastercard to enhance supplier enablement, data analytics, and global payment processing capabilities.

How does Boost support supplier enablement?

Boost has a dedicated supplier enablement team that works with vendors to facilitate adoption of virtual card payments, offering tailored solutions to maximize participation and minimize resistance.

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.