How does virtual payment work?

Virtual payment is a secure, controlled way to pay for travel bookings using single-use or limited-use virtual card numbers. Each virtual card is generated for a specific transaction and can be configured with exact spending limits.

When a booking is confirmed, the ITS platform automatically generates a virtual card number with the exact amount needed for the transaction. This eliminates the risk of unauthorized charges and simplifies reconciliation.

Virtual cards can be configured with custom spending limits, expiration dates, merchant category restrictions, and currency controls. Administrators set these parameters based on company policy.

The virtual payment feature integrates with your existing corporate card program. Charges appear on your regular card statement with clear transaction descriptions for easy reconciliation.

To enable virtual payments for your organization, contact your account manager. Setup typically takes 3-5 business days and includes configuration of approval workflows and spending controls.

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