Buyer Initiated Payments (BIP)
A push payment solution for complete control with extended payment terms.
GET STARTEDHow It Works
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Place Order As Usual
Follow your existing order, approval and invoice processes to order and receive goods and services from vendors.
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Automate Payment to Vendor
Submit electronic payment instructions with authorized payment amounts and processing dates to American Express. Most importantly you gain complete control of when and how much to pay.
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Extend Payment Terms
Receive a consolidated statement from American Express at the end of the billing cycle, helping to extend your payment terms to vendors.
Features & Benefits
Enjoy extended payment terms
Leverage your American Express billing cycle to extend payment terms with your vendors
Complete control
Gain complete control of when and how much to pay. Payment data can also be exported for reconciliation and reporting.
Increase Payment Efficiencies
Help drive efficiency and savings by reducing paper checks and transitioning to electronic payments.
Easy implementation
BIP is an online payment platform and can be integrated into your existing payment processes, requiring no resources for implementation and no need for installation of new software. It can also take into consideration, Company specific billing and invoicing cycles.
Support Vendor Enablement
Our Vendor Enablement Team will work one-on-one with vendors and help participating vendors to accept BIP.
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Streamline Your Payment Process With an Automated Solution
The American Express Buyer Initiated Payments solution allows your company to streamline the payment process putting you in complete control of when your vendors are paid.
