Buyer Initiated Payments (BIP)

A push payment solution for complete control with extended payment terms.

GET STARTED

Extend Payment Terms with Your Vendors

Leverage your American Express Card billing cycle to extend payment terms with your vendors.

How It Works

  1. Place Order As Usual

    Follow your existing order, approval and invoice processes to order and receive goods and services from vendors.

  2. 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.

  3. 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.

Streamline Your Payment Process With an Automated Solution
Watch Video

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.