Synovus has launched AccelerateTM Pay, a new payment solution that enables commercial banking clients to initiate account payable payments in several different payment types while minimizing the use of checks. The solution offers payees the freedom to choose how they want to get paid, with check payments and e-checks still an option. When payment types are added, Synovus clients can take advantage of new options without altering their systems, payment initiation workflow or reconcilement processes.

In addition to helping Synovus clients eliminate check payments, Accelerate Pay offers: Hands-free payment origination and account reconciliation. Easy enterprise resource planning or accounting application integration with implementation in minutes or hours rather than weeks without the need for technology support. Built-in payment fraud mitigation.