Orlando Magic devises B2B payments game plan

The NBA’s Orlando Magic may not be the first franchise that comes to mind when one thinks of B2B payments technology, but Viewpost changed that with its announcement Tuesday (Dec. 20). The invoicing and corporate cash management firm revealed that the NBA team is now using Viewpost to manage its own supplier payments needs, enabling the franchise to send digital invoices to its corporate clients and accept electronic payments. The Orlando Magic is also receiving invoices from its own suppliers and using Viewpost’s invoice management solution to send payments with included remittance data, the companies said. Altogether, online invoices and payments sent on Viewpost to and from the Orlando Magic total more than $54 million, the firm added, with the Orlando Magic’s own corporate clients, including Pepsi, Walt Disney, JPMorgan Chase, Fox Sports and others. Read more: pymnts.com