Most of Nexus’s Suppliers Serve Real Estate
While the number of suppliers accepting virtual card is often used as a selling point by outsourcing payments companies, it’s important to note that supplier networks can vary. Many supplier networks count a broad range of suppliers for health care, manufacturing, automotive, etc. because their clients are in those spaces.
Nexus only serves real estate and therefore all the suppliers in the Nexus network provide services to multifamily, CRE, mixed-use, retail, storage, student living, senior housing, and/or construction companies.
So, it’s likely that most of the suppliers with whom you work are in the Nexus network – and already accept virtual card. And if your eligible suppliers don’t accept virtual card yet, Nexus is happy to contact them and tell them about the benefits of card acceptance.