Virtualized B2B Payments: Poised To Kill The Paper Check — And The Plastic Card
For B2B payments, the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too.
January 20, 2021
Conferma Pay Connect has been shortlisted for the Best Technology Initiative at the Card & Payments Awards 2021
Since its introduction in 2017, the Conferma Pay Connect service has helped virtual payment shed its out-dated reliance on fax, making secure email communication widely available and encrypted API connection easily accessible. It now communicates virtual card details to over 50,000 suppliers globally, sending over 65% of payment communications electronically.
In today’s digital world, reliance on electronic processes has never been more important.
New to Conferma Pay Connect? Learn more 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.
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.
