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

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Total
Pay

CPS Payment Services offers a complete payment called TotalPay. With TotalPay, we receive one payment file and pay all invoices to all vendors on your behalf. Payment methods include: check payment, ACH, enhanced ACH, and virtual card ePayment.

Ach &
Enhanced Ach

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.

Multi-Use Purchasing Cards

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.

Use your card for everyday business expenses, including:

• Airfare
• Hotel
• Rental cars
• Dining and entertainment
• Business supplies

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