A U.S. Passport is one of the most valuable documents in the world for entrepreneurs looking to do international business, opening the doors to 172 countries across the world. Getting there is only half the battle, of course. Once you arrive, you have to negotiate with language, culture and, invariably, payments.
Innovation in B2B payments made a groundbreaking leap with Boost Payment Solutions' launch of Boost 100XB, a cross-border payments solution poised to reshape global transactions. At The Financial Technology Report, we’re particularly interested in how this innovation simplifies international payments—often a complex, costly challenge for businesses.
By enabling U.S.-issued commercial cards to pay suppliers in more than 180 countries without expensive cross-border fees, Boost addresses a critical need for efficiency and cost reduction in the global marketplace.
But Boost 100XB isn’t just saving companies money. It’s also pushing for financial inclusivity and more intelligent business operations. Imagine being able to pay international suppliers using your existing commercial card, all while keeping full control over visibility, security, and cash flow. Moreover, buyers and suppliers can split transaction fees—or skip them altogether—giving both sides more power in the deal.
Advances in financial technology means cutting through the noise and simplifying financial processes without sacrificing security or transparency. We're excited to see how Boost’s global growth and knack for breaking down payment barriers will shake up the industry moving forward.