Some banks offer help in the conversion process (purchasing card supplier enablement) and other software companies provide technology to make the conversion efficient and easy for the financial institution, client, and supplier. According to a joint industry survey, “In terms of impeding an organization’s card program growth, 61% of end-user respondents reported that suppliers’ resistance to (or non-acceptance of) card payments is, at a minimum, somewhat of a problem.
Certain banks offer support in the conversion process (purchasing card supplier enablement) and other software companies provide technology to make the conversion straightforward and efficient for all parties involved. A joint industry survey found that 61% of end-user respondents reported that suppliers’ resistance or refusal to accept card payments is a significant obstacle.