We were the world’s first industrial city. We were home to the first free public library, the first artificial waterway and the co-operative movement. We launched the first professional football league and were the birthplace of women’s suffrage and the right to vote for ordinary men. Manchester was, and is, a place of invention, free
As virtual cards migrate into digital wallets, business users are beginning to enjoy an experience that had until now been more common in the consumer space. With the landscape evolving so fast, and with so much in flux, we’ve created a report to showcase real-world virtual card use cases to help you understand the technology
Today’s announcement builds on Sabre’s August 2022 acquisition of Conferma Pay. The collaboration with Mastercard is the next step in advancing Sabre’s goal to create an open and independent travel payment ecosystem. Digitisation of travel payments with virtual cards helps address the historic challenges associated with B2B leisure and corporate travel payments. The securely generated,
Naturally, this work requires us to have an organised payment system to book hotels and extended stay accommodations on behalf of our corporate clients. We traditionally utilised lodge cards with higher lines of credit to pay the various properties and while this system worked, there was room for improvement. National uses Sabre to make bookings
Across Europe, corporates can reclaim VAT on employee travel expenses for business trips, including transport, meals and accommodation. Yet during a period where the rate of inflation exceeds 8% in many markets, and central banks are embarking on significant tightening of monetary policy, businesses are missing out on vital profitability by failing to reclaim VAT.
Against this backdrop, payments leader Conferma Pay is seeking to leverage the technological innovations of virtual cards to launch an industry-first capability. Dubbed ‘Conferma Carbon Reporting’, the system offers a unique ability to capture a precise record of airline, hotel and all on-trip spend, including the likes of taxis or meals, in a single end-to-end
Conferma Pay, the leading B2B virtual payment platform, today announced a strategic collaboration with Boost Payment Solutions, Inc. (Boost), the leader in optimizing the use and acceptance of commercial cards, providing Conferma Pay’s network of issuers and card holders with payment flexibility via Boost’s proprietary straight-through processing (STP) solution, Boost Intercept®. The global B2B payments
Conferma Pay was founded in 2005 and combines innovation and expertise to push the boundaries of what can be achieved in the world of virtualized business payments. Conferma Pay have revolutionised the traditional direct bill or billback offerings from a labour intensive process to an automated and data rich proposition for our Travel Partners. This
Business travel is a sizeable market in its own right, worth an estimated US$1.4tn annually and supporting an estimated one-in-seven jobs worldwide.1 But it also has an outsize influence on the fortunes of the wider travel industry. For example, while business travellers only account for around 10% of passengers on the major airlines, they account for
Today, businesses struggle to onboard new suppliers quickly and do not have the tools to control payments made by colleagues working from home. The new integration of Conferma Pay with Concur® Invoice helps to solve these challenges by allowing businesses to pay suppliers using virtual cards, rather than legacy checks or bank transfers. When a
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