Conferma Appoints Nick Reid as Commercial Manager

Conferma, the leader in virtual card technology for business travel, has today announced the appointment of Nick Reid as Commercial Manager. Reid will lead Conferma’s strong relationships with some of the world’s largest banks, providing new and innovative ways for corporations to settle business travel with ease and convenience through virtual payments.

Having initially joined Conferma in 2011, Nick has worked across all areas of Conferma’s global payments business. The appointment signifies Conferma’s investment in specialist staff with sophisticated understanding of the company’s global virtual card network.

When asked how virtual cards may change the travel industry in the future, Reid pointed to the growing trend in mobile payments. “In addition to the continued expansion of virtual cards across more travel service types, I believe they will also be used to pay for ancillary spend on business trips via traveller mobile devices. Increasingly we are seeing consumer trends such as Airbnb and Uber penetrate the corporate travel sector. I believe the growing consumer appetite for contactless and mobile payments will extend into B2B payments, and the virtual card is a natural fit.”

Read the article here.

Having initially joined Conferma in 2011, Nick has worked across all areas of Conferma’s global payments business. The appointment signifies Conferma’s investment in specialist staff with sophisticated understanding of the company’s global virtual card network.

When asked how virtual cards may change the travel industry in the future, Reid pointed to the growing trend in mobile payments. “In addition to the continued expansion of virtual cards across more travel service types, I believe they will also be used to pay for ancillary spend on business trips via traveller mobile devices. Increasingly we are seeing consumer trends such as Airbnb and Uber penetrate the corporate travel sector. I believe the growing consumer appetite for contactless and mobile payments will extend into B2B payments, and the virtual card is a natural fit.”

Read the article on:

Buying Business Travel

Global Travel Media

Entirely North West 

Global Banking & Finance Review

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.

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