“The idea that I have one credit card or corporate card and pay a lot of travel things with it, well, that system has had its day,” said Simon Barker, CEO of payments technology vendor Conferma Pay. “The travel industry must move to virtual cards, where a business traveler buys each thing with a separate virtual number.”
Virtual cards lend themselves much more readily to strong authentication. Happily, adapting to the world of digital payments brings a bonus: It also makes it much easier to work with next-generation mobile wallets, such as India’s Paytm and China’s WeChat Pay. Travel brands need to offer the widest array of payment options to buyers to maximize their revenue. Otherwise some travelers may abandon their bookings rather than complete them because their preferred payment method isn’t available.
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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.
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.
Conferma Pay and Boost Payment Solutions have committed to developing a “best-in-class” virtual payment solution in an extension of their partnership. The partnership seeks to
Dame Nancy Jane Rothwell, President of the University of Manchester The Salford centre, which opened its doors this autumn, provides after-school academic support, mentoring and
Lalor brings more than 20 years of leadership experience in commercial operations, strategy development and partner engagement at some of the world’s most well-known and
