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Moderated by Kathy Cantwell, AirPlus

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Presentation on theme: "Moderated by Kathy Cantwell, AirPlus"— Presentation transcript:

1 Moderated by Kathy Cantwell, AirPlus
Payment Solutions Panel Discussion Moderated by Kathy Cantwell, AirPlus

2 Panelists Diana Rapista, UCLA Gill Gollier, Conferma
Melissa Johnson, Bank of America Annette Dreibelbis, Sabre

3 What is a virtual credit card?
A virtual credit card is the digital version of a plastic credit card intended for single use or single purpose Each generated virtual card comes with a unique credit card number, CVC and expiry date Limit on amount, merchant and date range can be set per card Travel and trip specific information can be captured All transactions are settled centrally through a Central Account

4 Simple process 1 4 TMC / 3 2 6 5 Booking Tool OR
Traveler requests reservation Virtual account number with payment instructions to supplier OR 2 3 Request virtual account number to include trip specific information Virtual account number returned with limit & validity dates applied 6 5 Invoice sent to institution Charge sent to account provider

5 Why use a virtual credit card?

6 Best users for virtual cards

7 Overcoming challenges

8 Best practice to move forward

9 Future of virtual payments

10 Thank you

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