Learn about Boost's B2B payment success

What Boost does is we are B2B payments company and we specialize in processing enterprise level payments. There's a lot of manual aspects to the payments arena and what we do is we automate all of those manual aspects. So the way Boost differentiates itself from other technology providers is really focusing on our technology. We've found that some of our competitors are actually manually doing a lot of the stuff in the background, whereas we've been like really focused on how can we build this core technology to automate this perfectly. And we're so proud over the past few years of how much we've been able to increase and automate. And I think that's been really successful and it's something a strategy we've honed in on. I would say compliance is a big focus for Boost. Worldpay helps keep us compliant through our money movement in all of the countries that we work with, with Worldpay. So we've definitely found that different customers are looking for different things. So adapting to what they want is really critical in best serving them. So Boost 100 is a new product that we've offered and we actually leverage WPG, the gateway product of Worldpay to enable this solution. The ethos is having 100% of your AP file could be on card even for those suppliers who do not accept card. And So what we've built is a card to account solution. Worldpay has been a great, you know, partner in helping us develop new products and solutions and I think their flexibility has really allowed us to think outside of the box and get creative in the types of products that we built. So typically the burden of cost is with the suppliers in accepting payments. But what we believe is that that cost is going to be shifting and it already has been shifting. In the consumer space you see that when you go to a restaurant and they have that 3% surcharge. B2B businesses are doing the same. But what we've built in our technology is a way to make it supplier paid, buyer paid or a shared model which allows for the burden of that cost to be shared amongst B2B partners. And that's really where we believe that this is this shared cost is going to go to. Worldpay has always been super open to doing things outside the box. And it's really, we have that same ethos of like, how can we best serve our customers? And so, yeah, it's been a great partnership—it's been a really long and enduring time. We feel valued as a partner. We come in with new ideas. And so, yeah, we feel very comfortable using and leveraging you guys for all of our money movement needs.