Four million cheques are written in Canada every day. AribaPay automates billing and settlement, while digitizing payments in procure-to-pay, AribaPay General Manager Phil Beck said.
Discover President of Payment Services Diane Offereins explains Discover’s contributions to AribaPay.
“Discover’s trusted payments infrastructure enhances the innovation that AribaPay is bringing to Canadian businesses by offering a layer of flexibility and security to buyers and sellers who need fast and accurate settlement and reconciliation for business payments.”
AribaPay has processed more than $40 billion in payments in its first 18 months.