Arvest Commercial Credit Card Payment Solutions recently announced its 2022 growth. Its commercial payments portfolio includes purchasing card and ePayables customers and generated a total spend of over $1 billion last year—a 16.57% increase over 2021.
“We are incredibly excited about last year’s growth,” said Keith Zollicoffer, Director of Arvest Commercial Credit Card Payment Solutions. “This overall growth can be attributed to a variety of factors, including how businesses reevaluated vendor payment methods during the pandemic. Traditional checks became a challenge, and ePayables offered a more streamlined solution. The added mobile functionality in our purchasing card program allowed cardholders to more seamlessly capture receipts and complete expense reports.”
Arvest Commercial Credit Card Payment Solutions continues to provide enhanced payment solutions as the commercial card industry evolves in order to make the payment process more efficient in as many ways as possible