Air France and KLM last month added a nonrefundable surcharge on corporate credit and debit payments in Canada. Consumer and personal cards are excluded. The surcharge varies by card network and will not exceed 30 Canadian dollars ($21) per ticket issued at Canadian points of sale. It applies to corporate bookings in all direct and…
Some Citi commercial card clients are looking for other ways to pay for travel after the bank told them it would shut down programs in China this year. Program end dates occurred in February and March, according to customer sources. “We will continue to invest in our local currency commercial cards services but have made…
After seven years with Egencia, $2.3 billion U.K.-based multinational events and research company Informa is targeting February to implement TripActions for workers in 28 countries. After the well-capitalized new entrant caught the eye of Informa’s travel manager of nearly 10 years, Melissa Willock, it bested four competitors in a roughly four-month bake-off involving six divisions…
[UPDATE, Feb. 25, 2020: TripActions announced partnerships with Comerica Bank, Goldman Sachs, Silicon Valley Bank and Visa for the Liquid initiative. The program, using cards issued by Stripe, offers clients a 1.5 percent rebate, integrates with the booking process to support policy compliance and delivers unified payment and booking reports.] At the GBTA convention in…
Expensify’s new payment product is not what comes to mind for most people when they think “corporate card.” While technically it’s a credit card, effectively it’s a debit card with the controls of a pre-paid card. It doesn’t seem to be an idea that could replace T&E cards at large companies. For small firms, it…
Chicago — New regulations in the European Union governing payments there with locally issued cards are set to take effect next month. Part of Europe’s second Payment Services Directive, they require strong customer authentication for many types of purchases. To the relief of many in corporate travel, lodge cards and virtual cards currently are exempt….
Thanks for your interest in our new audio series in which we interview the industry veterans at GoldSpring Consulting about developments in travel management. In this second installment, recorded March 18, 2019, GoldSpring partner Will Tate talks to The Company Dime’s Jay Campbell about Southwest Airlines’ upcoming requirements for using credit cards online, supplier promotions…
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