Traditional Cards Are Dead In Business Travel, Here’s Why

Conferma Pay made a bet in 2008 that business travel payments would become virtual, with single use Virtual Account Numbers (also known as VANs, or virtual cards)

While we’ve seen a steady compounding of growth in hospitality, it’s been a long and slow road for air purchases.

Head in to 2020, however, and several trends are converging that will usher in the tipping point, as barriers fall and the incentives for the industry to embrace virtual payments rise. Let me take each in turn.

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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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