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 using a virtual card integrated at the point of sale.
Virtual cards can grant travellers a flexible travel experience while providing travel program administrators and financial controllers a tool that aims to increase security, fraud protection, and spend reconciliation.
The solution will be available across the global Concur platform and the fintech’s worldwide network of banking partners.
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.