Boost
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.
Frequently Asked Questions (FAQs)
What is Boost and who typically uses it?
Boost is a B2B digital payment provider focused on commercial card payments, helping buyers and suppliers automate and optimize card-based B2B transactions. It primarily targets enterprise level organizations and large trading partners across global markets.
Which payment methods and card networks does Boost support?
Boost focuses on card payments for B2B transactions. Available data shows support for American Express, Mastercard and Visa, with acceptance primarily via online web channels rather than in person point of sale.
In which countries is Boost available?
Boost indicates coverage in 180+ countries and regions, with support across Africa, Asia, Europe, the Middle East, North America, Oceania and South America, including major markets such as the United States, United Kingdom, EU member states, Canada, Brazil, India and Japan.
What industries does Boost serve?
Boost is designed for enterprise grade B2B use cases in sectors such as airlines, finance, healthcare, insurance, manufacturing and mining, software and SaaS, education, telecommunications, transport and logistics, retail, utilities and subscription businesses.
How does Boost handle pricing and fees?
Boost uses a custom per merchant pricing model rather than a public, fixed fee table. This means pricing is tailored, so merchants need to engage directly with Boost to understand applicable fees and commercial terms for their specific payment program.
What compliance and security standards does Boost meet?
Boost reports compliance with PCI DSS, HIPAA and SOC 2, including PCI DSS Level 1 and SOC 2 Type 2 certifications, and highlights HIPAA verified compliance. It is also a registered ISO and payment facilitator for specific acquiring banks.
What integration options does Boost offer?
Boost supports online card acceptance with tokenization and web services API based integrations, plus a reporting API for data access. The API is not listed as publicly accessible, so integration is typically arranged directly with Boost or via partner platforms.
What reporting and data does Boost provide?
Boost provides reporting via APIs that expose enhanced transaction data to support reconciliation and analysis. The company also emphasizes data insights around B2B card usage in its materials, but specific dashboards and formats are shared directly with clients.