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Can I use the J.P. Morgan Business Settlement Network to receive payments from all my customers?

April 26, 2017Business customers j.p Morgan Network PAYMENTS

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Can I use the J.P. Morgan Business Settlement Network to receive payments from all my customers?

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Once you are activated in the J.P. Morgan Business Settlement Network (“JBSN”), you will be listed in Order-to-Pay’s global supplier directory and you will be able to receive payments electronically from any of your customers who have chosen to deploy the JBSN to streamline their payables processes. You will also be able to submit invoices to those customers who have also licensed the JBSN electronic invoicing functionality. You should contact your customers to let them know you are interested in submitting invoices electronically via the J.P. Morgan Business Settlement Network. If you would like to receive electronic payments from your other customers who do not yet use the JBSN, J.P. Morgan will be happy to contact them on your behalf to explain the benefits of automating their accounts payable processes.