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 and a seamless travel experience while providing travel program administrators and financial controllers a tool that increases security, fraud protection, and streamlined spend reconciliation.”
Conferma’s CEO Simon Barker added: “I believe that this partnership will drive additional value to both business and the wider travel community.”
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.
Travel Meets Payment
Conferma Pay was born in Manchester in 2005. Since then we have connected over 700 TMCs, and directly integrate with all the major GDSs and OBTs. Our roots lie in corporate travel payment integration.
We enable our payment providers to flow virtual cards into the preferred purchasing process of any business travel buyer. Crucial to this is our network of banking partners, who have issued virtual cards in over 200 countries, in 40 currencies with over 45 commercial banking partners via all major card networks.
Our ecosystem continues to expand to meet the growing requirements of our global customer base.