Supplier acceptance of purchasing cards grows

Enhancing of card payments continues to be an important lever for growth and expansion of distributed plastic (“P-Cards”) and virtual card programs (“ePayables”). New findings from the recent NAPCP and Accenture Supplier Acceptance of P-Card and ePayables Payments Survey highlight industry progress in this area since our 2013 and 2009 survey findings.

In summary, supplier acceptance continues to show signs of improvement:  

  • Supplier acceptance of P-Cards across most supplier spend categories has increased (Figure 1)
  • ePayables acceptance by suppliers has crossed the 50 percent milestone
  • Card acceptance has become more integral to supplier selection by corporate buyers
  • Suppliers are increasingly recognizing the benefits of faster payment/cash flow
  • Maximum allowable P-Card transaction sizes have risen
  • Educating suppliers continues to correlate with better program performance
 Figure 1:  Supplier Acceptance of P-Cards by Spend Category

Source: NAPCP and Accenture

Suppliers have many reasons to take cards and are increasingly handling card acceptance in a more automated manner. Figure 2 documents several key reasons why suppliers accept cards for B2B payments.

Figure 2:  Reasons Suppliers Take Card Payments, According to End-Users

Source: NAPCP and Accenture

Looking forward, corporates and their P-Card and ePayables providers should continue working more closely with their suppliers to increase their knowledge of lower acceptance costs available through passing Level 3 line item detail transaction data. Qualifying for larger transaction size rates and assisting suppliers in automating the receipt and reconciliation of payment instructions and remittance data is also necessary.

I invite you to read the full report to find out more about the link between acceptance and payments growth.

For more information on the NAPCP, visit


The post Supplier acceptance of purchasing cards grows appeared first on Accenture Banking Blog.

Accenture Banking Blog