Bottomline Announces Alliance With Visa; Combines Visa Payables And Paymode-X

(RTTNews) - Bottomline Technologies (EPAY), a provider of cloud-based payment, invoice and digital banking solutions, announced a strategic alliance with Visa Inc. (V), under which Visa's commercial card solution, Visa Payables, and Bottomline's payment network, Paymode-X, join to create Paymode-X with Visa Payables. Paymode-X with Visa Payables advances the two companies' shared vision for business payment automation.

The companies said Paymode-X with Visa Payables will be easy for payers and vendors to join and use, accelerating and maximizing opportunities for payment efficiency, security and financial gains.