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ConnexPay Launches ConnexPay Flex, New Variable-Rate Virtual Card

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Dynamic new payment capability offers 30+ flexible rates

ConnexPay, the world’s first all-in-one platform to manage PayIns and PayOuts, today announced the launch of ConnexPay Flex, a variable-rate virtual card with over 30 dynamic rates, designed to facilitate strategic supplier spend, often at a pre-negotiated rate.

Part of ConnexPay Exclusives, a suite of payment options designed to increase supplier acceptance and boost profitability, ConnexPay Flex offers clients a very broad spectrum of rate categories when paying suppliers in the United States. This flexibility allows clients to meet supplier payment preferences while driving maximum card spend and revenue.

“I’m excited to announce the ConnexPay Flex card, our newest payment capability for our valued clients,” said Bob Kaufman, Founder and CEO, ConnexPay. “With ConnexPay Flex, our clients now have over 30 payment rate options for any unique supplier payment challenge, providing them with the maximum flexibility for driving supplier acceptance while also increasing profitability.”

A premier payments provider, ConnexPay is the first payments technology company to unify B2B payments, both PayIn and PayOut, inside a single platform. Over the past year, ConnexPay has more than doubled its customer base, expanded its global footprint, and continued to launch new products and features that transform the B2B payments space.

About ConnexPay

ConnexPay is the first company to seamlessly combine both PayIns and PayOuts into a single platform with one contract and one reconciliation. The flexibility of this technology allows clients to manage all of their B2B payment needs, from taking in sales to paying suppliers, all in one flexible platform.

ConnexPay continues to focus on the travel and tourism space, but ConnexPay’s solutions are applicable across a broad spectrum of corporate payment use cases, including insurance and warranty claims, loyalty and rewards payouts, and media and advertising buys.

Founded in 2017, ConnexPay continues to innovate and improve end-to-end payments for clients across the globe. In 2023, ConnexPay earned the Travel Innovator of the Year award at Phocuswright and was named to the Inc 500 list of fastest-growing companies in America. Learn more at connexpay.com and follow us on LinkedIn.

With ConnexPay Flex, clients now have over 30 payment rate options for any unique supplier payment challenge, providing them with the maximum flexibility for driving supplier acceptance while also increasing profitability.

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