Simple, secure, and virtual payments
When a trip is booked using Concur Compleat, TravPay Hotel automatically generates a virtual, single-use credit card number to cover the hotel stay. Through this simple and secure process, the travel experience is easier on travellers and travel managers alike.
Virtual payments explained
After years of business travellers bouncing around the globe with tiny pieces of plastic in their wallets, virtual payments are gaining in popularity among corporations and travel management companies that need secure, cost-effective ways to expense hotels and airfare. Here’s how it works:
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Virtual payments address many concerns and needs we often hear raised by companies and travel management professionals.
Single-use virtual cards are invalidated once a transaction is completed, whether from an employee or a contractor. Re-using virtual numbers isn’t an option.
Unauthorized upgrades have nowhere to hide in expense reports. Which mean travellers stick to approved budgets.
Limits on spending and usage restrictions can be controlled from anywhere and in real-time.
Every virtual card number is tied to a specific transaction, making reconciliation easy for everyone.