Optal’s working capital solution, Invapay, turns underutilised credit lines into a dynamic resource to manage cashflow. It allows businesses to handle big payment deadlines for utilities, overheads and even tax, putting commercial credit card facilities to work and ensuring that banking partners benefit from smarter and more flexible use of credit services offered to business customers. Watch the video Overview of Invapay Commercial credit card facilities from your banking partner can help to fulfil payment obligations without tying up valuable liquidity or relying on money that’s expected to hit a business account. But all too often, supplier acceptance and transaction fees get in the way. As a result, credit lines go unused, reducing payment options for businesses that have credit card facilities in place. Invapay solves this problem. Invapay removes the need for supplier acceptance of credit cards, and extends restrictive Days Payable Outstanding (DPOs) by delivering transactions to the supplier immediately and directly. It works with all major issuing banks and card scheme brands, including Visa, Mastercard and American Express. No applications, just intelligent use of facilities already at your disposal, extending your buying power. Manage deadlines by utilising credit Supply chain management is smooth and efficient A platform for secure transactions Simple onboarding and easy to use Invapay enables smart use of working capital for a business via existing commercial credit cards – whether that’s a single card or multiple credit lines. This can help finance departments manage payment peaks created by corporate tax obligations, rent and utilities bills, all the way through to smaller, more frequent payments. Learn how to manage deadlines more effectively by utilising credit in our 'How commercial credit can create smart working capital' guide. Download now The Benefits Unlock working capital Businesses can access working capital while extending days payable outstanding (DPO), easing the pressures of day-to-day payment challenges. Streamlined Platform Operations can be streamlined, and administrative burdens relieved with an easy to use platform. Improve relationships A frictionless experience for payees can maintain positive supplier and sub-contractor relationships at no financial cost. Grow business Banks can ensure credit lines are utilised effectively, helping them grow in a competitive landscape. Watch the video “Invapay optimises working capital for a buying organisation by extending DPO for up to 55-60 days, whilst ensuring suppliers are paid on time with no unwanted extra charges” How it works Invapay provides a working capital alternative, unlocking the funds from commercial credit card lines to settle payments. It’s a simple solution for businesses looking to put their commercial credit cards to work and drive efficiency. For banking partners, this can ensure greater commercial credit card line spending. Once the Invapay platform is set up, payments can be made via batch file upload or as a single transaction by authorised users set up during the onboarding process. Here’s how it works. 1 The organisation is issued with a commercial card account number, which is lodged in the Invapay platform. 2 An authorised user sends a payment file to Invapay with instructions to make a payment. 3 The lodged card account is debited for the sum indicated. The acquirer sends funds to Invapay’s client money account for onward payment to suppliers. 4 Invapay processes an Electronic Fund Transfer to the supplier, arriving with a reference number. Invapay helps Banks and Businesses Invapay is a useful tool for any business looking to better utilise their commercial credit card facilities, ensure access to working capital, improve cash flow and maintain positive buyer relationships. Banks Invapay can assist banks looking to provide innovative solutions to customers, ensuring their credit lines are utilised effectively to maximise revenue from commercial credit cards. Businesses Invapay can help businesses looking to unleash working capital, juggle payment deadlines more effectively and streamline operations. Only the Invapay entities of the Optal group (of which Optal Limited is the ultimate holding company) currently provide the Invapay solution within their relevant jurisdictional reach. Please click on the "Regulatory Information" tab below for further details. Related Resources INVAPAY EGUIDE How commercial credit can create smart working capital Read more BLOG Tax and technology: can new solutions boost financial flexibility Read more FAQs What is Invapay? How does Invapay work? What are the benefits for the corporate buyer and their supplier? Does Invapay provide a credit facility? How are payments made? How quickly are suppliers paid? What currencies are supported by Invapay? I have a prospect wanting to pay in USD. Are there any additional steps and currency conversions? How much does Invapay cost? What checks are made on client companies and their suppliers? Are there any limits on suppliers participating in the programme? Does the supplier have to accept cards for the client to use the system? Can more than one card be used in the Invapay platform? Does the Invapay product improve payment processes? How is the product implemented? Will Invapay provide training on the product and the platform? Will Invapay integrate with our ERP system? How will the client’s staff be supported? What happens if the supplier details given are incorrect, yet the payment gets made? How robust is the Invapay system? What is the buyer set up fee? What experience does Optal have within the Public Sector organisations? Download a pdf containing all of the FAQs here. Download now If you have any questions or would like to know more, let’s talk. Get in touch. First name Last name Your organisation Your email address Telephone number By pressing “submit”, you agree that Optal may collect your full name and email address so we can add you to our subscriber list to receive marketing material, newsletters or general information about the Optal group’s services. We will only use your information for the purposes set out in our Privacy Notice. 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