GBTA Speakers Attempt To Answer Virtual Payment’s Questions

By | August 1, 2016

Denver – Despite its headaches, travel management pros who use virtual payment say it's too beneficial to pass up. Speakers here during the Global Business Travel Association convention last month raised, and attempted to answer, the many questions.

Virtual payment is a popular option for travelers without corporate cards. It cuts accounting reconciliation times and protects against fraud. Various controls allow managers to authorize each single-use card's spending limit, dates and vendors.

Al Mazzola, director of travel services for Sykes Enterprises, said his monthly hotel reconciliation workload used to be three or four days. All charges . . .

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