Merrill Lynch Offers iPad App for Online Payments

Bank of America Merrill Lynch has introduced an iPad application for its corporate treasury clients using the online payment and invoicing system, Paymode-X.

The iPad app release is the first phase of a set of mobile capabilities that Merrill Lynch will offer with Bottomline Technologies.

Paymode-X, powered by Bottomline, combines electronic purchase order submission, invoicing and payment settlement on a single platform. It connects users to a private network of suppliers that accept electronic payments and send electronic invoices.

This Paymode-X iPad app will allow executives to view the status of payments, review payment remittances details and search for payments or invoices.

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