Stop the detective work. Start applying cash faster.
With Virtual Card and Premium ACH payments through the Paymode network, you won’t just get paid quickly and securely. You’ll also receive invoice-level remittance data that matches invoices to payments, all delivered automatically to your inbox or ERP.
THE RESULT: RECONCILIATION STOPS SLOWING YOU DOWN, AND YOUR BUSINESS HAS CASH IN HAND SOONER.
Turn Payment Uncertainty Into Predictable, Secure Transactions
Secure Payments:
Each Premium ACH and virtual card payment is protected by the layered security of the Paymode network.
Alerts when your customers join Paymode:
Get notified when a new customer is ready to pay you with Premium ACH or Virtual Card, ensuring you stay in the loop.
Incoming payment visibility:
Set up email alerts so you’ll always know when your payments will show up.
Stop losing time and money to manual matching
Paymode transmits original payment and remittance data directly from your payer’s ERP to you, eliminating matching errors. You can use this remittance data for intelligent invoice‑to‑payment matching, or automatically post it to your ERP using CTX.
- Automatically send remittance details where you need them – ERP, accounting system, inbox, or workflow
- Eliminate third-party matching costs
- Accelerate auto-close and improve cash flow
With Paymode, vendors receive secure ACH or virtual card payments accompanied by complete, matchable remittance data. This data is delivered in the format that fits your workflows, whether that be ERP‑ready files, CTX, email, portal access, or custom AR formats.
Benefit from two fast, secure payment types
Get Paid with Virtual Cards
Paymode uses both Visa and MasterCard for card issuance alongside our own bank-tested security, so you’ll never wonder if your money will arrive.
Receive one consolidated email containing virtual card details for entry into your point-of-sale system, along with all the associated remittance data
No additional fees. Just pay your standard interchange rate. Pay the standard interchange fee with no additional fee
Apply Cash Faster with Remittance Options Built to Fit Your Workflows
Automate remittance delivery to your ERP using CTX / EDI 820
This option is best for vendors with complex ERP environments needing automation at scale.
Near‑elimination of manual posting by transferring data in a single file including:
- Customer account, purchase order, and invoice numbers
- Invoice Date
- Original invoice amount, paid invoice amount, and discounts and adjustments
Vendor number and name
Transfer custom AR remittance files to your ERP
Customizable remittance files tailor‑made to fit your ERP requirements, sent automatically to a SFTP folder on a daily, weekly, or monthly basis.
- Straight‑through posting to your SFTP folder
- Reduced manual touchpoints and human error
- Works with any ERP or accounting system
- Delivered on your preferred schedule
Emailed remittance sent to your inbox
For organizations wanting simplicity without sacrificing detail, get all remittance details to your inbox for at-a-glance visibility, including invoice number.
If you ever lose an email, you can find remittance data in the Paymode portal.
Reduce DSO and Improve Visibility with Premium Invoice Delivery and Dunning
Take the guesswork out of tracking your invoices and sending payment reminders to your customers with new tools from Paymode.
Premium Invoice Delivery
Eliminate the frustration of not knowing what happens to your invoice after you click send.
Using the Paymode portal, track invoices in real-time from sent, delivered, opened, and downloaded. Create an invoice, upload one, or even use AI to help you populate the fields. Then just add your branding and hit send.
Add Pay By Link to Your Invoice to Get Paid
Use Pay By Link for your Paymode-generated invoices and accept digital payments from any customer, both inside and outside the network. Customers pay directly from your invoice and funds land in your bank via Premium ACH, which arrives with full remittance data to quickly match payments to invoices.
Dunning Notifications to Reduce DSO
Use the Paymode portal to send Dunning notices without needing to switch systems. Schedule notifications for upcoming due dates and outstanding invoices, turning ad hoc reminders to customers into proactive and professional campaigns.
Gain Visibility and Faster Payment
Upload multiple invoices quickly and easily directly from your ERP whenever you need, or work on drafts to send later
Streamlined Invoicing Zero Hassle
Upload invoices in PDF, JPEG, XLS, PPT, and a range of other formats. Use SFTP and invoice for Premium Invoice Delivery capabilities to streamline capture and reduce manual data entry
Paymode’s Sophisticated Fraud Prevention Help Keep Your Payments Safe
The 635,000+ business using Paymode exchange over $570 billion in payments annually with zero fraud. Our comprehensive security begins well before a payment is made to ensure that your customers and your business are kept safe.
300+
Data points are used to authenticate every business on the network
MFA
Protects every login, account change, and bank information update
AI
Aids in monitoring the network for red flags and possible fraud
Get Your Questions Answered and Receive Expert Support
Need a quick answer? Use the “Request Status” functionality in the Paymode portal to contact customers directly with invoice and payment questions, saving time and headaches.
As a Premium member, you’ll also have access to the Vendor Success team, who can help you troubleshoot issues, set you up with CTX, or assist in getting the most value out of your Virtual Card or Premium ACH services.
You can also receive seven years of historical data in the Paymode portal, as well as a wide range of reporting capabilities.
Sign Up Once to Get Premium Memberships for All Customers
With over 635,000 businesses on Paymode, chances are some of your customers already use it—or will soon. When you enroll in Premium ACH, your membership automatically applies to all your future customers, with no extra work on your end. Plus, you’ll be noti ied whenever a new payer joins, ensuring a consistent payment/ remittance experience and fee across the board.
“Paymode is super easy to use, and I love that all needed information is right on the email.”
Thalia Powers, Accounting Manager, Biomedical Waste Solutions
Paymode offers two options for the collection of these fees, both of which are outlined below, in the enrollment process, and in the Terms of Service.
Enroll in Paymode today!
Visit www.paymode.com/join to enroll quickly and securely. Make sure you have the following information ready:
- Tax ID number (EIN)
- Bank account number
- Bank transit routing number
- Valid email address
Share