Virtual Payment Card

Stay secure with a unique card number for every transaction.

Increase Security with a Virtual Payment Card

Efficient expense management practices are more important than ever in today’s business travel world. We believe that virtual payment cards have become a viable and secure alternative to traditional payment methods such as credit cards. Using a more simplified payment solution for all business travel transactions has solved some of the challenging pain points in corporate travel.

Teplis Travel provides you with a simplified payment solutions for your airline, car rental and hotel transactions. We have solved a challenging pain point in corporate travel by providing travelers with a virtual payment card that integrates with the Concur online booking system and ensures compliance, reduces fraud and simplifies reconciliation.

Using a secure and automated virtual payment card solution will help to drive efficiency and cost savings while improving the overall travel booking and reconciliation process.

Benefits of a Virtual Payment Card:

  • Processed like traditional Credit Card Payments
  • Eliminates Risk
  • Provides a seamless booking experience for hotel direct bills
  • Streamlines the travel manager’s reconciliation process
  • Simplifies Reconciliation through ERP/Accounting Systems Integration

What are Virtual Payment Cards?

A virtual payment card works just like a normal credit card, except that you don’t have a physical card to use. Every time you make a transaction, a new virtual payment card number is created. This card links to a single, central bank account.

Benefits of a Virtual Payment Card:

The benefit to using a virtual payment card over a traditional credit card is the increased level of security. By recreating the card number for every transaction, you guarantee that only that transaction is approved. If someone tries to steal the card number, they won’t be able to use it.

This makes the job easier for travel agent and corporate travel managers to protect their team from fraud and approve only legitimate transactions.

The other benefit to virtual payment cards is not having to manually reconcile each transaction after the trip has ended. Everything has already been recorded and approved digitally. Not only does this save you time, but it also reduces the potential for errors.

Fraud, Compliance, and Reporting

Having a unique card number for each travel event transaction allows you to avoid fraudulent transactions, increase policy compliance, and make expense reporting more efficient. Who doesn’t want that?!

To learn more about our virtual payment card solutions for streamlining your business travel purchases, contact us.

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