B2B payments may finally see widescale innovation according to some market participants, with both Visa and Mastercard bolstering their business payments services this month. “We’ve
The combined expertise of both technology-based brands enables a fully PCI compliant process for the communication of virtual cards, that will streamline the process, prevent manual errors, and provide significant productivity gains in the administrative processes at the hotel.
The integration will enable the travel industry to benefit from Conferma Pay’s virtual payment platform, bringing about tighter controls and overall efficiencies.
Nick Stojka, Co-founder of Sertifi said: “Partnering with Conferma Pay is a significant step forward in our commitment to provide our hospitality clients with the most advanced technology. This new integration will solve a host of challenges, from reduced risk and liability of data exposure to secure payment retrieval.”
Conferma Pay now connects virtual card issuers to more than 500 travel management companies, all five major global distribution systems, and more than 70 corporate booking tools across nearly 200 countries.
Dave Wood, Director of Hotel Products at Conferma Pay added: “The number of virtual cards delivered through our award-winning communication service, Conferma Pay Connect, to hotels each week is substantial and we continue to bring advanced solutions to our clients and partners. Sertifi will help us streamline the virtual card payment process to achieve the shared mission towards frictionless payment”.
Phase one would be to eliminate the issuance of authorization forms by delivering all critical information to hotels automatically through the encrypted Sertifi integration, making the whole process more efficient and completely removes the need for faxes.
Sertifi and Conferma Pay are now in the process of boarding a global hotel chain as one of their first clients.
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.