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The deal will see Conferma’s virtual payment solution being integrated into the Concur Travel and Concur Expense platforms. This will make it easier for Concur’s 36,000 clients to use virtual cards “seamlessly” to pay for business travel expenses. Doug Anderson, senior vice president, global travel products for Concur, said: “Virtual cards give travelers greater flexibility

The Concur Conferma end-to-end integration will automatically deliver card details to hotels securely and electronically. The partnership will bring an integration of Conferma’s virtual payment solution into the Concur Travel and Expense platform offering a seamless process within existing workflows while providing controls around all aspects of travel purchasing. Travel managers now have the ability to

The partnership aims to integrate the fintech’s virtual payment solution into the Concur Travel and Expense platform to process existing workflows while providing control around all aspects of travel purchasing. Travel managers are now able to control travel policy and streamline budgeting, accounting and reconciliation. Additionally, when booking, business travellers will be enabled to pay

The addition of virtual account numbers to its Business Travel Account (BTA) “gives companies greater control and more visibility into their business travel expenses,” the company notes. Working with virtual account number specialist Conferma, American Express said the enhanced BTA enables businesses to set usage dates and pre-authorize spending limits at the time of booking,

Read the article here. About Conferma Pay Conferma Pay is a global financial technology company. We design and integrate virtual payment systems that provides a more efficient, seamless and secure way to pay for for businesses. Linkedin Youtube Twitter Travel Meets Payment Conferma Pay was born in Manchester in 2005. Since then we have connected

Amex already offers its own virtual card product, vPayment, which a client can use to pay for hotel and LCC bookings. This option, however, results in a billing statement separate from the client’s  BTA statement that includes full-service air and rail transactions, Conferma commercial manager Nick Reid explained. Sometimes central account-type products are challenging to

ECHNOLOGY COMPANY MICROSOFT has used virtual payments to simplify processes at the same time as expanding reporting and monitoring to support compliance to its travel policy. In particular, its hotel programme used a range of billing processes, including travel accounts, corporate cards and paper receipts to track and reimburse travel expenses. The company recognised that

The ‘Why’ of SME Travel Management Growth There are a number of working theories about why more SMEs seem to be embracing managed travel programs than in the past. One idea is tied to another growing area of the industry: travel risk management. In a recent BTN survey of 229 travel buyers and managers and

“Payments are centrally controlled by governments to ensure there is no money laundering and people pay taxes,” Barker says. “They won’t want to let those controls go. Virtual card numbers, which are built on card rails, are a good long-term bet. “The key to payments is global acceptance, which the card rails have spent the

The standards aim to reduce fraud through additional, mandated authentication measures for all electronic cardholder-not-present payments. Objectors say strong customer authentication, as it’s known, would make standard corporate travel booking and payment processes, from lodge cards and virtual cards to travel management companies booking on behalf of customers, much more difficult at best. At worst,