Virtual Card Payments for Accounts Payable at MassPay

Bottomline will embed virtual card payments for accounts payable in the MassPay platform through Paymode, alongside Premium ACH, from November 2026, the two companies said on October 14.

The deal lets MassPay customers pay U.S. vendors through Paymode’s network of more than 635,000 verified businesses, which processes over $570 billion in payments a year, according to Bottomline’s most recent figures, published on June 4, 2026. The payments run inside MassPay alongside the payouts customers already manage there.

For finance teams, the change is practical. A business that uses MassPay to send money to contractors, creators or sellers abroad can now also settle domestic supplier invoices on the same platform, and move vendors still paid by cheque onto an electronic route.

What the Paymode and MassPay deal covers

Bottomline, which describes itself as a provider of business payment technology, is embedding two Paymode payment types in MassPay: virtual card and Premium ACH. Both pay U.S. vendors only.

MassPay sells payout orchestration, a single integration for sending money worldwide by bank transfer, digital wallet, debit card, cash pickup or cryptocurrency. Its customers include marketplaces, direct sales organisations and content creator platforms.

The company said first-quarter 2026 payout volume rose more than 317% on the same period a year earlier, and gross revenue rose 95%. Ran Grushkowsky, a co-founder, became chief executive on January 1, 2026.

Grushkowsky said the point of the deal was to avoid adding software.

“Security is at the center of every payment our customers make. Adding Paymode’s services gives our customers secure ways to pay vendors, backed by a trusted network, without adding another system to manage.” Ran Grushkowsky, Co-Founder and CEO, MassPay

Bottomline presents the tie-up as an extension of its embedded payments strategy, which places Paymode inside partners’ software rather than selling it only as a standalone service.

Why virtual card payments for accounts payable matter

Fraud is the argument both companies lead with. Business payment fraud keeps rising, the announcement said, and finance teams need payment methods that protect payer and vendor alike.

A virtual card is a single-use card number issued for one payment, so a stolen number is of little use to anyone else. Premium ACH is Paymode’s electronic bank payment, sent to accounts the network has already verified.

Paymode says it authenticates each enrolled vendor against more than 300 data points and checks bank details with a voided cheque or bank statement. Changing those details later requires several further steps.

That matters for the most common attack on payables teams, in which a fraudster poses as a supplier and asks for new bank details. Payments that go only to pre-verified accounts remove the opening for that request.

Gunita Bindra, vice president, partnerships and business development at Bottomline, tied the deal to the pressure on finance departments.

“Finance teams are under pressure to protect against fraud while doing more with fewer resources,” Bindra said. “Together, we’re making it easier for their customers to automate vendor payments securely and move away from paper checks.”

How the vendor payment options work for payers

Bottomline’s published terms set out the mechanics, though the MassPay announcement did not say whether they apply unchanged.

After a payer approves a payment, ACH and virtual card payments generally arrive within two to three business days, according to the Paymode FAQ. Paymode places no holds on payments.

The cost falls mainly on the vendor. A vendor taking a virtual card pays the interchange fee its own card provider charges, with no additional Paymode fee. A vendor taking Premium ACH pays a per-transaction network fee, set out at enrolment.

The payer can earn a rebate. Paymode says eligible Premium ACH and virtual card payments qualify, with eligibility depending on the payment type a vendor accepts. The FAQ gives no rebate rates, which are agreed with Paymode’s sales and account management teams.

Those economics shape supplier behaviour. A vendor that pays interchange on a card may prefer Premium ACH, and a payer chasing rebates may prefer the card. Treasury and AP teams moving suppliers onto the network will need to settle which route each supplier takes, and what each costs them, before the first invoice is paid. Firms reviewing how they treat suppliers can start from Accountio’s supplier payment practices pack.

Paymode network growth and the embedded route

Paymode is the retail face of the Paymode-X network that Bottomline built over two decades. Network membership passed 500,000 in October 2022, up from 425,000 a year earlier, and Bottomline said then that the extended supplier network gave payers a reach of 1.3 million suppliers.

The June 2026 figure of 635,000 verified businesses implies steady growth since. Annual volume has risen from more than $330 billion in 2022 to more than $570 billion.

MassPay is not the first software partner to take the network. JAGGAER, the procurement software vendor, agreed in September 2024 to bring Paymode, Premium ACH and virtual card into JAGGAER Pay, and its announcement said the network had grown beyond 550,000 members at that point.

The MassPay deal differs in the customer it reaches. JAGGAER sells to procurement teams buying goods and services. MassPay’s customers are mostly businesses that pay out to individuals and small payees, many of them across borders, and for whom paying a U.S. supplier by Paymode is an addition rather than the core use.

The announcement did not say whether MassPay customers will be able to invite their own suppliers onto the network, or whether only vendors already enrolled will be payable at launch. Neither company has said how many MassPay customers are expected to use the service.

The competition for embedded payables

Bottomline is selling into a crowded field. Accounts payable, receivable and payments software now spans specialist vendors, ERP suppliers and banks, and several offer their own supplier networks and virtual card programmes.

Accountio’s guide to the best accounts payable automation software lists the main alternatives, and SAP has started running payments inside its cloud ERP. Embedding a payment network in a platform that customers already use is the route most of them are taking.

Bottomline’s position is its size. The company says it moves more than $16 trillion in payments a year across its businesses, and the Paymode network of verified payees is the part that suits a partner with no supplier network of its own.

For MassPay the logic runs the other way. The platform has built its business on moving money out to payees in more than 200 countries, and a domestic vendor payment option keeps customers from taking their U.S. supplier payments to a second provider.

What comes next for MassPay customers

Paymode capabilities become available to MassPay customers in November 2026. Finance teams on the platform should expect enrolment invitations for their U.S. vendors and a decision on which suppliers move off cheques first.

The terms to watch at launch are the rebate rates on virtual card payments for accounts payable and the network fee on Premium ACH, neither of which has been published for MassPay customers.