Tag Archives: virtual card

Grasp Advances Virtual Payment Integration With Online Booking Tools

By | September 7, 2018

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 tool integration, Grasp vice president Dave Lukas claimed. Lukas said Grasp’s “prominent integrations” are with Concur Travel… Read More »

AirPlus Partners With Cornerstone For Virtual Payment Programs

By | August 21, 2018

AirPlus International and Cornerstone Information Systems are working together on virtual card programs. According to an AirPlus official, the companies are piloting with select customers back-office integration through Cornerstone’s iQCX system. The official said clients would not need a virtual payment intermediary like Conferma. AirPlus first brought its virtual payment solution to the U.S. market in 2017. It… Read More »

New Conferma App Provides Self-Service Virtual Card Creation

By | July 31, 2018

Conferma relaunched its TripPay Android and iOS mobile app with a new name and some new features. Now called Conferma Pay, it is “the first app to support creating and receiving of virtual cards for business on a mobile device across multiple banking partners,” according to the company’s website. As with pre-existing virtual cards, the app generates single-use numbers… Read More »

After Lots Of Groundwork, State Of California Pilots Virtual Payment

By | May 31, 2018

A few months into piloting virtual payment, the quarter-of-a-billion-dollar State of California T&E program already has realized benefits. Tied to policy mandates and program consolidation, the alternative payment mechanism made life easier and more productive for travelers and administrative staff. It took a while to get to this point, still a work in progress. California first explored virtual… Read More »

Google Uses Payment For Booking Compliance

By | May 2, 2018

New York — From the “you probably can’t do this because you’re not Google” department, Google has built a proprietary hotel booking application. It highlights both negotiated and market rates as part of Google’s unique travel spending program. It’s backed with centralized payment that means travelers don’t have to fiddle with card numbers when booking. And Google is looking… Read More »

Simon Barker On Whether The Corporate World Is Ready For New Technology

By | April 11, 2018

As co-founder and CEO of financial technology firm Conferma, Simon Barker has been in the thick of corporate travel’s virtual payment movement. The benefits of single-use virtual credit card accounts are well known: improved security, better management controls, easier reconciliation and a more convenient experience for travelers without their own corporate cards. Barker points out the payment option… Read More »

Lufthansa Reasserts Status Quo Even As IATA May Loosen Up TMC Payment Rules

By | September 20, 2017

[UPDATE, Nov. 27, 2017: International Air Transport Association members last week approved rule revisions allowing travel agencies to use their own credit cards or “alternative transfer methods” to purchase airline tickets on clients’ behalf. The revisions changed the wording of IATA Resolution 890 to bring it “in line with industry rules and best practices,” according to an IATA… Read More »