Corporate travel players continue to smooth out the seams in virtual payment use, especially at hotel check-in where confusion remains commonplace. Sabre is testing the placement of virtual payment indicators along with booking info in its global distribution system. Associations are working on a new payment “channel” that would operate in parallel to booking channels. For HRS, the recent acquisition…
Wondering what Apple’s ambitions in payment mean for corporate travel? You’re not alone. Yael Klein of AirPlus International is here with her two cents. When Tim Cook introduced the new Apple Card in March as “the most significant change in the credit…
Treasury & Risk magazine last month recognized Bristol-Myers Squibb for new payment programs that include virtual cards for meetings and a switch to Citi for greater acceptance. The company implemented the multi-faceted program in 32 countries within eight months. Sara Friedlander, BMS director of enabling services for global procurement, spoke on the magazine’s May 22 webinar recognizing winners of its…
[UPDATE, June 14, 2019: Starting June 17, users of Southwest Airlines’ Swabiz corporate booking portal must insert their credit card’s three- or four-digit security code. According to the airline, that includes those using a “Swabiz ghost card” (when card info wasn’t stored before June 17), those using a stored personal card (for the first purchase on or after June 17)…
Australia-based travel agency automation firm Troovo hit the scene a few years ago with robotics to handle various transaction processing and other agency mid-office functions. Now it’s starting to make some hay by applying those robotics to virtual payment processes. Orbit World Travel and QBT Travel have signed on. Spun out from a travel agency, Troovo in 2015 named former corporate…
San Diego – Industry players are working to smooth out the rough spots in virtual payment for managed travel. Even without commonality across all the players, many travel program managers are finding the benefits of virtual payment too good to pass up. Reducing fraud, streamlining reconciliation and making things easier for travelers without corporate plastic outweigh the remaining concerns. Among…
Released last month, Grasp Technologies’ latest version of the GraspPay virtual payment system integrates with online booking tools via XML connections. Aside from SAP Concur’s work to integrate virtual payment with its Compleat mid-office system, no parties had accomplished seamless online booking…
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