Citi® Payment Exchange: Delivering a Fast, Flexible, and Frictionless Payment Experience.
Citi® Payment Exchange helps you maximize electronic adoption by payees and eliminate administrative waste from the payments value chain, which can result in significant cost savings.
With Citi Payment Exchange, companies can provide their customers with choice, speed and flexibility in how they receive payment— providing an end-to-end digital solution that can simplify B2C and B2B payments and help deliver operational efficiencies with a single implementation.
Benefits of using Citi Payments Exchange for B2B payments:
- Customized Outreach: Our supplier enrollment team designs and executes targeted co-branded outreach campaigns to help maximize supplier adoption.
- Account Validation: Validates payee and business account information in real time, leveraging over four billion identity records through a shared bank-backed database.
- Real-time Visibility: Your suppliers and vendors can choose their preferred payment method and easily track the real-time status of their payments in your branded, self-service portal
Benefits of using Citi Payment Exchange for B2C payments:
- Self-Service Capabilities: For claims, refunds, reimbursements, and payouts, Citi Payment Exchange can offer your customers a seamless payment experience in a self-service portal with your company’s branding.
- Fast & Frictionless Consumer Enrollment: In three easy steps, payees can enroll in Citi Payment Exchange by completing the simple registration process and selecting their preferred payment method.
- Real-time Visibility: A self-service portal where your customers can track the real-time status of their payments, update their payment preferences, and view their complete payment history.
For more information about Citi Payment Exchange, please contact your Citi representative