In the second episode of Adflex’s PaymentsCast podcast, Business Development Manager, Ben Thurlow introduces straight-through processing (STP), exploring the technologies that enable STP and the benefits it brings to businesses making and receiving commercial card payments.
Commercial cards offer many benefits, such as improving working capital and ensuring prompt supplier payment, and STP is here to extend those benefits and increase overall card turnover. We explore the market context that led to STP’s popularity, the technologies behind it, the benefits of STP for both buyers and sellers, and how to overcome potential barriers to STP adoption.
Ben also explains how the regulation can positively impact businesses that are willing to act first to get ahead of the competition, unlocking strategic benefits and new revenues along the way.
Listen to the podcast now.
