Boost interchange revenue
Capture more card volume by paying invoices with your virtual cards. Convert existing ACH volume to card spend.
Minimal Lift for your team
Validate vendor information, verify the invoice details, track fees, and deliver a virtual card directly to the vendor with two API calls.
Pay every vendor digitally
Mercoa's agent onboards every vendor to take a digital payment through ACH or virtual card. No more cutting and mailing checks.
How It Works
Invoice Analysis
Mercoa parses an invoice PDF and extracts vendor information, invoice details, payment terms, and payment links.
Vendor Intelligence
Our AI enriches this vendor data using public data sources, our private vendor network, and information available on the invoice to determine if the vendor accepts card payments and any associated fees.
Vendor Validation
Vendor Onboarding
If we don't have vendor information, our AI agent contacts the vendor by phone or email to onboard them and securely collect payment processing details.
"Hi, I'm calling about invoice #14323..."
"Yes, this is Action Supply..."
"Is there a payment portal I can submit my card info?"
"Yes, please email ar@action-supply.com to..."
Automated Payment
On the scheduled payment date, we deliver the virtual card to the vendor in their preferred format: either auto-processing the card through their gateway or delivering the card details to an appropriate contact.
Payment Processing
Payment Successful
Frequently Asked Questions
No. Your customers just need to use your BillPay product like usual. Our AI agent handles the details around determining if the vendor accepts virtual cards, if there are any associated fees and processing a card payment to the vendor.
We support all sorts of file formats: PDFs, DOCS, XLS and more!
All payments are processed using your secure virtual cards. We use bank-level encryption and follow PCI DSS compliance standards to ensure your data and payments are protected every step of the way.
Yes! Our AI agent is available via API, making it easy to integrate with your existing BillPay product. Check out our API documentation for integration details.
Our AI can handle most business invoices including utilities, services, subscriptions, and vendor payments. The agent automatically identifies when a vendor accepts a virtual card and processes accordingly.
Analysis results are typically delivered within minutes. You receive a detailed breakdown of the invoice, the vendor, available payment options, and associated fee information via our API.
If a vendor invoice does not have an associated payment link, Mercoa will reach out to the vendor to ask if they accept cards and how best to deliver it to them. Our agent then uses this information to deliver a virtual card to the vendor when necessary.
If a vendor charges fees for processing cards or doesn't accept cards, Mercoa falls back to asking the vendor for their bank information so you can still pay them using ACH.
Yes. From your customer's perspective, nothing about their current BillPay experience changes. Customers still have control over when an invoice is scheduled to be paid
We maintain and curate the vendor database to ensure we always have their latest preferred payment method on file. Mercoa maintains communications with vendors to ensure payment details stay up to date.