<ul><li>B2B payments are being modernized with emerging solutions that bridge the gap between buyer and supplier needs.</li><li>Bank of America's Virtual Payables Direct combines the advantages of virtual card payments with the flexibility of bank transfers.</li><li>The solution allows buyers to manage cash flow and defer payments using virtual cards, while suppliers receive direct payments in their bank accounts without the need for setup or card acceptance.</li><li>Bank of America plans to expand Virtual Payables Direct into other currencies and regions in 2025.</li></ul>

In B2B Payments, It Takes Two to Create Value

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