TreviPay and Visa launch Pay by Invoice, helping banks move B2B payments off checks and ACH into automated, issuer-financed invoice transactions.
TreviPay has launched its Pay by Invoice solution for Visa-issuing banks, aiming to help issuers capture a larger share of the $58 trillion North American B2B payments market. Developed in collaboration with Visa, the offering combines TreviPay’s order-to-cash automation with Visa’s commercial payment capabilities to move fragmented B2B spend into strategic, issuer-financed, invoice-based transactions.
The launch addresses a market still weighed down by legacy processes. A Murphy Research study found that 26 percent of corporate payments are still made by check or through manual ACH workflows. At the same time, buyer expectations are shifting: 78 percent of global B2B buyers want greater customization and control in payments and invoicing, and 61 percent prefer to pay on net terms.
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Pay by Invoice is designed to meet those demands. Suppliers receive early payment—typically within two days of invoicing—while buyers can settle on negotiated terms such as 30, 60, or 90 days. The result is an automated, transparent order-to-cash experience that benefits both parties.
“For years, banks have been looking for a scalable way to capture the significant share of B2B payments still happening off-card,” said Brandon Spear, chief executive of TreviPay. “Pay by Invoice unlocks that opportunity by pairing our automation with Visa’s network capabilities to deliver a modern credit solution with the flexibility business buyers expect.”
“Commercial payments are undergoing a pivotal transformation driven by automation, AI, embedded finance and demand for smarter working capital solutions,” said Darren Parslow, global head of Visa Commercial Solutions. “This collaboration gives issuers another way to serve clients with speed, control and efficiency.”
Piyush Tiwari, head of global strategic partnerships for Visa Commercial Solutions, added that the partnership helps businesses embed payments directly into existing workflows, unlocking new working capital opportunities and improving efficiency across the order-to-cash process.
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Under the model, trade credit facilitated through TreviPay’s platform and supported by Visa’s network capabilities is funded by the issuer. Banks retain control over credit decisions for existing clients while relying on TreviPay for onboarding and full-service accounts receivable automation.
For issuing banks, the platform offers incremental revenue by converting non-card payments, minimal IT lift through existing credit and servicing frameworks, a differentiated commercial offering to strengthen client relationships, access to new buyer segments for cross-sell opportunities, and portfolio growth supported by transaction-level transparency.
More information about offering TreviPay Pay by Invoice is available at trevipay.com.
