The innovation in virtual payment is clear, as are its challenges. New standards hold some promise for a primary use case, lodging, but have a ways to go.

A Hotel Electronic Distribution Network Association and Hospitality Technology Next Generation joint task force has been working on specifications under the Open Payments Alliance umbrella for a Payment Manager concept to decouple payment from bookings. Among other benefits, this could enable digital delivery of robust payment instructions for an associated virtual card number and do away with emails and . . .

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