WEX Virtual Payments allow media agencies and buyers, as well as ad tech companies, to pay suppliers with a real-time and touch free electronic payment solution that is globally accepted.
Key benefits for your media business include:
- Bridge the working capital gap between paying campaign costs and receiving payment from customers with access to a credit line at no cost
- Create a new revenue stream for your business by earning a kickback on all payments made
- Gain greater control over spending and payments with the ability to specify the timing, recipient and amount of each payment
- Simplify billing processes with enhanced data capture, allowing for improved reporting and payment tracking
- Reduce administration and overhead in accounts payable with automatic reconciliation
- Save up to 3% on cross-border payments and avoid exchange rate fluctuation risk where possible with a payment method that’s accepted in 210 countries