ePayables

Bank of America Merrill Lynch reported that its ePayables solution continues to post significant growth, with a compound annual growth rate of 43 percent over the last two years. Last year over $6.1 billion in payments was processed via ePayables. Since ePayables was first offered five years ago, payments processed through the card solution have grown significantly across all markets and segments, demonstrating the confidence clients have placed in BofA Merrill as a provider of end-to-end payments services.