Suppliers:
Get Paid Quickly and Securely
Vyteo electronic payments are faster and more secure than paper checks
With the Vyteo platform, suppliers can eliminate all the paper-based processes that weigh down their Accounts Receivable. They can submit their invoices online to their customers who use Vyteo, track invoice status, and receive payment. No more phone calls to AP teams inquiring about where invoices and payments stand.
Based on your customers’ preferences, you may be offered ACH or another payment option. We’ll let you know what they prefer – and you can decide if it makes sense for you.
Vyteo reaches out to suppliers and asks them how they’d like to be paid. Please note, these are the only numbers that are authorized to call you from Vyteo.
Simply complete this form, and from there a Vyteo representative will contact you via phone or email to complete your electronic payments enrollment.
It’s essentially a one-time use credit card sent via email, and backed by Visa. You process the card numbers exactly like a credit card, with your POS terminal. While there’s no charge from Vyteo, there is a Visa interchange fee. The benefit: you’ll get paid quicker than checks and you can track them online in VyteoConnect.
You process Vyteo Virtual Cards much like credit cards. The Virtual Card consists of a 16-digit number, CVV, and expiration date, which you simply input in your Point-of-Sale system. You will then receive the funds in your linked bank account.
Yes. Vyteo offers VyteoDirect straight through processing which enables suppliers to receive payment through a virtual card – without having to enter numbers into a point-of-sale system. Vyteo will do that work for you and deposit the money directly into your bank account, for a competitive and consistent fee.
