Deluxe Payment Exchange+
Optimize Supplier Payments with Deluxe Payment Exchange+
Provide your suppliers with their preferred payment method while a streamlined reconciliation process ensures you see exactly when payments clear – all on one easy-to-use platform.
Managing supplier preferences and updates can be time-consuming and risky, especially with sensitive banking information. Deluxe Payment Exchange+ (DPX+) solves this by digitizing payments and streamlining supplier onboarding. DPX+ enhances the payee experience by sending payment notifications with a virtual card and remittance details to payees. They can redeem or enroll in the payee portal and select their preferred disbursement option: mailed check, ACH, debit card, or eCheck. They can even set different payment preferences for different payers and update them anytime, enhancing supplier control and strengthening your relationship.
Meet Leo. Leo is constantly managing supplier preferences, changes, and updates, and handling sensitive banking information is no small task. He faces challenges with fraud, trying to determine which change requests are genuine and which are not. Plus, on top of that, he wants to reduce fraud risk by moving payments out of the mail. But contacting suppliers for alternate payment info is time consuming and tedious.
That's where DPX+ comes in.
DPX+ helps digitize payments and manage supplier payment preferences for you. We make it easy to get payments out of the mail with just a mailing address.
Here's how it works.
The first payment is sent by DPX+ via mail to the supplier's physical address as part of the screening process.
The supplier receives the payment notification with a payment and all necessary remittance information.
They can then redeem the payment or go to the payee portal, enroll, and select a payment method that works best for them.
DPX+ will conduct security checks to validate the selected payment type.
If your supplier enrolls in the portal, they can choose their preferred payment type, set up different preferences for different payers, and change them anytime.
All the management is done in the portal, giving Leo's suppliers control and convenience.
Plus, all remittance information is readily available.
With DPX+, managing payments has never been easier or more secure, so Leo can focus on what he does best.
Join Leo and take the leap towards simplified, secure, and efficient payments with Deluxe Payment Exchange+.
HOW IT WORKS
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DPX+ sends the first payment via mail to the payee’s physical address for screening.
Payee receives a payment notification with a virtual card and remittance details.
Payee redeems the virtual card or enrolls in the payee portal to select an alternate payment method.
Features & Benefits
FAQ
As a Payee, you’ll receive a virtual card, remittance information and notification of a payment in the US Postal Service mail. An onboarding letter will be included with instructions on how to go to the Payee Portal to register and select your payment preferences if different from the virtual card.
Payees can access remittance information through the Payee Portal and clicking “View” on the Payment Activity page.
In the Payee Portal, Payees can set their payment preference by clicking Payment on the left-side menu and selecting their preferred payment method. Payees can set their overall default payment and Payer-specific payment preferences.
Yes, payer and payee support is available by email and phone at 833-409-0048 or support@dpx.com. Contact us whenever you need assistance with our integrated payments solution.