diff --git a/src/components/MoneyReportHeader.tsx b/src/components/MoneyReportHeader.tsx
index a085385589a3..fa4195a8673e 100644
--- a/src/components/MoneyReportHeader.tsx
+++ b/src/components/MoneyReportHeader.tsx
@@ -77,6 +77,7 @@ import DelegateNoAccessModal from './DelegateNoAccessModal';
 import HeaderWithBackButton from './HeaderWithBackButton';
 import Icon from './Icon';
 import * as Expensicons from './Icon/Expensicons';
+import type {PaymentMethod} from './KYCWall/types';
 import LoadingBar from './LoadingBar';
 import MoneyReportHeaderStatusBar from './MoneyReportHeaderStatusBar';
 import type {MoneyRequestHeaderStatusBarProps} from './MoneyRequestHeaderStatusBar';
@@ -241,7 +242,7 @@ function MoneyReportHeader({policy, report: moneyRequestReport, transactionThrea
     const shouldDisplaySearchRouter = !isReportInRHP || isSmallScreenWidth;
 
     const confirmPayment = useCallback(
-        (type?: PaymentMethodType | undefined, payAsBusiness?: boolean) => {
+        (type?: PaymentMethodType | undefined, payAsBusiness?: boolean, methodID?: number, paymentMethod?: PaymentMethod) => {
             if (!type || !chatReport) {
                 return;
             }
@@ -253,7 +254,7 @@ function MoneyReportHeader({policy, report: moneyRequestReport, transactionThrea
                 setIsHoldMenuVisible(true);
             } else if (isInvoiceReport(moneyRequestReport)) {
                 startAnimation();
-                payInvoice(type, chatReport, moneyRequestReport, payAsBusiness);
+                payInvoice(type, chatReport, moneyRequestReport, payAsBusiness, methodID, paymentMethod);
             } else {
                 startAnimation();
                 payMoneyRequest(type, chatReport, moneyRequestReport, true);
diff --git a/src/components/ReportActionItem/ReportPreview.tsx b/src/components/ReportActionItem/ReportPreview.tsx
index 65526aa0f269..1135a7469d5a 100644
--- a/src/components/ReportActionItem/ReportPreview.tsx
+++ b/src/components/ReportActionItem/ReportPreview.tsx
@@ -9,6 +9,7 @@ import {getButtonRole} from '@components/Button/utils';
 import DelegateNoAccessModal from '@components/DelegateNoAccessModal';
 import Icon from '@components/Icon';
 import * as Expensicons from '@components/Icon/Expensicons';
+import type {PaymentMethod} from '@components/KYCWall/types';
 import OfflineWithFeedback from '@components/OfflineWithFeedback';
 import PressableWithoutFeedback from '@components/Pressable/PressableWithoutFeedback';
 import type {ActionHandledType} from '@components/ProcessMoneyReportHoldMenu';
@@ -262,7 +263,7 @@ function ReportPreview({
     const [isNoDelegateAccessMenuVisible, setIsNoDelegateAccessMenuVisible] = useState(false);
 
     const confirmPayment = useCallback(
-        (type: PaymentMethodType | undefined, payAsBusiness?: boolean) => {
+        (type: PaymentMethodType | undefined, payAsBusiness?: boolean, methodID?: number, paymentMethod?: PaymentMethod) => {
             if (!type) {
                 return;
             }
@@ -275,7 +276,7 @@ function ReportPreview({
             } else if (chatReport && iouReport) {
                 startAnimation();
                 if (isInvoiceReportUtils(iouReport)) {
-                    payInvoice(type, chatReport, iouReport, payAsBusiness);
+                    payInvoice(type, chatReport, iouReport, payAsBusiness, methodID, paymentMethod);
                 } else {
                     payMoneyRequest(type, chatReport, iouReport);
                 }
diff --git a/src/components/SettlementButton/index.tsx b/src/components/SettlementButton/index.tsx
index bca6765d099f..1c2af1dd181a 100644
--- a/src/components/SettlementButton/index.tsx
+++ b/src/components/SettlementButton/index.tsx
@@ -7,7 +7,10 @@ import * as Expensicons from '@components/Icon/Expensicons';
 import KYCWall from '@components/KYCWall';
 import useLocalize from '@hooks/useLocalize';
 import useNetwork from '@hooks/useNetwork';
+import useThemeStyles from '@hooks/useThemeStyles';
+import {isCurrencySupportedForDirectReimbursement} from '@libs/actions/Policy/Policy';
 import Navigation from '@libs/Navigation/Navigation';
+import {formatPaymentMethods} from '@libs/PaymentUtils';
 import getPolicyEmployeeAccountIDs from '@libs/PolicyEmployeeListUtils';
 import {
     doesReportBelongToWorkspace,
@@ -67,6 +70,7 @@ function SettlementButton({
     onlyShowPayElsewhere,
     wrapperStyle,
 }: SettlementButtonProps) {
+    const styles = useThemeStyles();
     const {translate} = useLocalize();
     const {isOffline} = useNetwork();
     // The app would crash due to subscribing to the entire report collection if chatReportID is an empty string. So we should have a fallback ID here.
@@ -86,6 +90,9 @@ function SettlementButton({
 
     const isLoadingLastPaymentMethod = isLoadingOnyxValue(lastPaymentMethodResult);
     const [policy] = useOnyx(`${ONYXKEYS.COLLECTION.POLICY}${policyID}`);
+    const [bankAccountList = {}] = useOnyx(ONYXKEYS.BANK_ACCOUNT_LIST);
+    const [fundList = {}] = useOnyx(ONYXKEYS.FUND_LIST);
+
     const isInvoiceReport = (!isEmptyObject(iouReport) && isInvoiceReportUtil(iouReport)) || false;
     const shouldShowPaywithExpensifyOption = !shouldHidePaymentOptions;
     const shouldShowPayElsewhereOption = !shouldHidePaymentOptions && !isInvoiceReport;
@@ -138,6 +145,16 @@ function SettlementButton({
         }
 
         if (isInvoiceReport) {
+            const formattedPaymentMethods = formatPaymentMethods(bankAccountList, fundList, styles);
+            const isCurrencySupported = isCurrencySupportedForDirectReimbursement(currency);
+            const getPaymentSubitems = (payAsBusiness: boolean) =>
+                formattedPaymentMethods.map((formattedPaymentMethod) => ({
+                    text: formattedPaymentMethod?.title ?? '',
+                    description: formattedPaymentMethod?.description ?? '',
+                    icon: formattedPaymentMethod?.icon,
+                    onSelected: () => onPress(CONST.IOU.PAYMENT_TYPE.EXPENSIFY, payAsBusiness, formattedPaymentMethod.methodID, formattedPaymentMethod.accountType),
+                }));
+
             if (isIndividualInvoiceRoomUtil(chatReport)) {
                 buttonOptions.push({
                     text: translate('iou.settlePersonal', {formattedAmount}),
@@ -145,6 +162,17 @@ function SettlementButton({
                     value: CONST.IOU.PAYMENT_TYPE.ELSEWHERE,
                     backButtonText: translate('iou.individual'),
                     subMenuItems: [
+                        ...(isCurrencySupported ? getPaymentSubitems(false) : []),
+                        {
+                            text: translate('workspace.invoices.paymentMethods.addBankAccount'),
+                            icon: Expensicons.Bank,
+                            onSelected: () => Navigation.navigate(addBankAccountRoute),
+                        },
+                        {
+                            text: translate('workspace.invoices.paymentMethods.addDebitOrCreditCard'),
+                            icon: Expensicons.CreditCard,
+                            onSelected: () => Navigation.navigate(addDebitCardRoute),
+                        },
                         {
                             text: translate('iou.payElsewhere', {formattedAmount: ''}),
                             icon: Expensicons.Cash,
@@ -161,6 +189,17 @@ function SettlementButton({
                 value: CONST.IOU.PAYMENT_TYPE.ELSEWHERE,
                 backButtonText: translate('iou.business'),
                 subMenuItems: [
+                    ...(isCurrencySupported ? getPaymentSubitems(true) : []),
+                    {
+                        text: translate('workspace.invoices.paymentMethods.addBankAccount'),
+                        icon: Expensicons.Bank,
+                        onSelected: () => Navigation.navigate(addBankAccountRoute),
+                    },
+                    {
+                        text: translate('workspace.invoices.paymentMethods.addCorporateCard'),
+                        icon: Expensicons.CreditCard,
+                        onSelected: () => Navigation.navigate(addDebitCardRoute),
+                    },
                     {
                         text: translate('iou.payElsewhere', {formattedAmount: ''}),
                         icon: Expensicons.Cash,
diff --git a/src/components/SettlementButton/types.ts b/src/components/SettlementButton/types.ts
index df8fdedc512e..02c944c148f7 100644
--- a/src/components/SettlementButton/types.ts
+++ b/src/components/SettlementButton/types.ts
@@ -1,5 +1,6 @@
 import type {StyleProp, ViewStyle} from 'react-native';
 import type {OnyxEntry} from 'react-native-onyx';
+import type {PaymentMethod} from '@components/KYCWall/types';
 import type ROUTES from '@src/ROUTES';
 import type {Route} from '@src/ROUTES';
 import type {ButtonSizeValue} from '@src/styles/utils/types';
@@ -11,7 +12,7 @@ type EnablePaymentsRoute = typeof ROUTES.ENABLE_PAYMENTS | typeof ROUTES.IOU_SEN
 
 type SettlementButtonProps = {
     /** Callback to execute when this button is pressed. Receives a single payment type argument. */
-    onPress: (paymentType?: PaymentMethodType, payAsBusiness?: boolean) => void;
+    onPress: (paymentType?: PaymentMethodType, payAsBusiness?: boolean, methodID?: number, paymentMethod?: PaymentMethod) => void;
 
     /** Callback when the payment options popover is shown */
     onPaymentOptionsShow?: () => void;
diff --git a/src/languages/en.ts b/src/languages/en.ts
index 9386978f77c4..2d8bdc2aad1a 100755
--- a/src/languages/en.ts
+++ b/src/languages/en.ts
@@ -4418,6 +4418,8 @@ const translations = {
                 business: 'Business',
                 chooseInvoiceMethod: 'Choose a payment method below:',
                 addBankAccount: 'Add bank account',
+                addDebitOrCreditCard: 'Add debit or credit card',
+                addCorporateCard: 'Add corporate card',
                 payingAsIndividual: 'Paying as an individual',
                 payingAsBusiness: 'Paying as a business',
             },
diff --git a/src/languages/es.ts b/src/languages/es.ts
index e568c3012d34..0d8c392c51aa 100644
--- a/src/languages/es.ts
+++ b/src/languages/es.ts
@@ -4464,6 +4464,8 @@ const translations = {
                 business: 'Empresas',
                 chooseInvoiceMethod: 'Elija un método de pago:',
                 addBankAccount: 'Añadir cuenta bancaria',
+                addDebitOrCreditCard: 'Agrega una tarjeta de débito o crédito',
+                addCorporateCard: 'Agrega una tarjeta corporativa',
                 payingAsIndividual: 'Pago individual',
                 payingAsBusiness: 'Pagar como una empresa',
             },
diff --git a/src/libs/API/parameters/PayInvoiceParams.ts b/src/libs/API/parameters/PayInvoiceParams.ts
index aaf1d906d143..ac9da22104bc 100644
--- a/src/libs/API/parameters/PayInvoiceParams.ts
+++ b/src/libs/API/parameters/PayInvoiceParams.ts
@@ -6,6 +6,8 @@ type PayInvoiceParams = Partial<CreateWorkspaceParams> & {
     reportActionID: string;
     paymentMethodType: PaymentMethodType;
     payAsBusiness: boolean;
+    bankAccountID?: number;
+    fundID?: number;
 };
 
 export default PayInvoiceParams;
diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index fc4c70ac538a..571b5ec68f4a 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -1513,7 +1513,15 @@ function isPublicAnnounceRoom(report: OnyxEntry<Report>): boolean {
  * else since the report is a personal IOU, the route should be for personal bank account.
  */
 function getBankAccountRoute(report: OnyxEntry<Report>): Route {
-    return isPolicyExpenseChat(report) ? ROUTES.BANK_ACCOUNT_WITH_STEP_TO_OPEN.getRoute(report?.policyID) : ROUTES.SETTINGS_ADD_BANK_ACCOUNT;
+    if (isPolicyExpenseChat(report)) {
+        return ROUTES.BANK_ACCOUNT_WITH_STEP_TO_OPEN.getRoute(report?.policyID);
+    }
+
+    if (isInvoiceRoom(report) && report?.invoiceReceiver?.type === CONST.REPORT.INVOICE_RECEIVER_TYPE.BUSINESS) {
+        return ROUTES.WORKSPACE_INVOICES.getRoute(report?.invoiceReceiver?.policyID);
+    }
+
+    return ROUTES.SETTINGS_ADD_BANK_ACCOUNT;
 }
 
 /**
diff --git a/src/libs/actions/IOU.ts b/src/libs/actions/IOU.ts
index 8418d2150c9f..fec5d058fc44 100644
--- a/src/libs/actions/IOU.ts
+++ b/src/libs/actions/IOU.ts
@@ -5,6 +5,7 @@ import type {NullishDeep, OnyxCollection, OnyxEntry, OnyxInputValue, OnyxUpdate}
 import Onyx from 'react-native-onyx';
 import type {PartialDeep, SetRequired, ValueOf} from 'type-fest';
 import ReceiptGeneric from '@assets/images/receipt-generic.png';
+import type {PaymentMethod} from '@components/KYCWall/types';
 import * as API from '@libs/API';
 import type {
     ApproveMoneyRequestParams,
@@ -9089,7 +9090,14 @@ function payMoneyRequest(paymentType: PaymentMethodType, chatReport: OnyxTypes.R
     notifyNewAction(Navigation.getTopmostReportId() ?? iouReport?.reportID, userAccountID);
 }
 
-function payInvoice(paymentMethodType: PaymentMethodType, chatReport: OnyxTypes.Report, invoiceReport: OnyxEntry<OnyxTypes.Report>, payAsBusiness = false) {
+function payInvoice(
+    paymentMethodType: PaymentMethodType,
+    chatReport: OnyxTypes.Report,
+    invoiceReport: OnyxEntry<OnyxTypes.Report>,
+    payAsBusiness = false,
+    methodID?: number,
+    paymentMethod?: PaymentMethod,
+) {
     const recipient = {accountID: invoiceReport?.ownerAccountID ?? CONST.DEFAULT_NUMBER_ID};
     const {
         optimisticData,
@@ -9119,6 +9127,14 @@ function payInvoice(paymentMethodType: PaymentMethodType, chatReport: OnyxTypes.
         payAsBusiness,
     };
 
+    if (paymentMethod === CONST.PAYMENT_METHODS.PERSONAL_BANK_ACCOUNT) {
+        params.bankAccountID = methodID;
+    }
+
+    if (paymentMethod === CONST.PAYMENT_METHODS.DEBIT_CARD) {
+        params.fundID = methodID;
+    }
+
     if (policyID) {
         params = {
             ...params,