Virtual
Cards
Virtual
Cards
The CPS Virtual Card Program provides a method to deliver 
payments electronically using a secure, one-time use MasterCard account number. These payments can only be processed by a vendor for the amount specified and reduces the cost of handling and mailing paper checks.
- Increased value to the AP organization by earning rebates
- Submit consolidated remittances for your suppliers electronically
- Leverage existing vendor pay cycle (terms)
- Secure payments through one time use feature (exact payment amount)
- Reduced AP costs
- Reduce financial risk and enhance financial controls
CPS Payment Services offers a check payment solution where our customers reduce the cost of checks significantly, reduces risk of check stock, provide electronic tracking of payment status, and increase the efficiency of your disbursement process.
CPS Payment Services ACH / Enhanced ACH solutions leverage our relationships with vendors to create enriched ACH data files and remittance details for our customers and their vendors. This low cost approach creates efficiencies in both the disbursement and cash application process.
Manage and control your travel and entertainment expenses with the CPS Payment Services MasterCard. Our automated bill payment solution enables your company to earn a cash rebate each month simply by using the CPS MasterCard to pay your travel costs.
