Verified Payments confirms you're ready to pay before money moves, then pays by card, ACH, or wire with the same controls and the same audit trail. Available to US customers. Verified Payments Visa® Commercial cards are powered by Stripe and issued by Celtic Bank.
At release time, OpenEnvoy confirms the invoice is still valid, the supplier is approved, required approvals are complete, and exceptions are resolved.
Payments go out as a batch you review and approve. The person who builds the batch is a different person from the one who approves it. Rules by amount, payment type, vendor, or entity add approvers where you want them.
Card, ACH, or wire, set per vendor. Virtual cards are single-use, issued in the amount of the approved invoice, and delivered to your vendor via a secure link. Cancel, freeze, or reissue a card without disrupting other batch payments.
A first run can be entirely ACH and wire. Card applies per vendor, by rules you set, and you can change it at any time. Vendors that prefer ACH or wire stay on ACH or wire. Your ERP remains the source for what you pay; OpenEnvoy verifies and executes.
Each virtual card is single-use and issued in the amount of the approved invoice, so the payment matches the number your team verified. A card can be frozen, cancelled, or reissued without disturbing the rest of the run. Your vendor sees when the card was sent, and you see when it was viewed and charged.
Vendors receive the payment via a secure link, with remittance. No fees are charged to your vendors to receive a virtual card payment. You choose when and how they hear about it, and OpenEnvoy provides the sender identity and remittance detail so the payment is recognized when it lands.
Your approval workflows and vendor master stay where they are. Verified Payments works on top of your ERP.
Tokens cover document processing. Payment execution is priced separately. On Essentials your rate is shown at signup with a consumption tracker. On Scale and Enterprise it is on your order form. Available to US customers.
Verified Payments confirms you're ready to pay before money moves — then runs card, ACH, and wire payments with the same controls and the same audit trail. Available in the United States.
Verified Payments runs ACH, wire, and virtual card through the same verified batch, with the same approvals, the same controls, and the same audit trail. You can run entirely on ACH and wire. Where a vendor accepts card, each card is single-use and issued in the amount of the approved invoice, so the payment matches the amount you verified.
You pay them the way you pay them today. Card applies per vendor, by rules you set, and where that vendor accepts it. The rest of your payment run is unaffected.
You set the method by vendor or by rule, and you can change it at any time. Verification, approvals, and the audit trail are identical across the three, so the method is an operational choice. Where a vendor accepts card, a single-use card issued in the amount of the approved invoice holds the payment to the verified amount and can be frozen or reissued without disturbing the rest of the run.
Payment execution is priced separately from tokens and shown at signup (Essentials) or on your order form (Scale and Enterprise). No fees are charged to your vendors to receive a virtual card payment.
Available in the United States. Document capture and Ask OE support international entities in the meantime.
QuickBooks, Sage Intacct, NetSuite, Dynamics 365, SAP, Oracle, Workday, and JDE, with SFTP where needed.
Verified Payments Visa® Commercial cards are powered by Stripe and issued by Celtic Bank.
Stripe Issuing balances are provided in the US by Stripe Payments Company, licensed money transmitter, with funds held at Stripe's bank partners, Members FDIC.
