Conferma Partners with Serko, PYMNTS

Online business travel booking and expense management company Serko is entering the “world of virtual card payments,” the company said this week, announcing a partnership with virtual card company Conferma.

Conferma will integrate its virtual card solutions into the Serko Online platform, allowing users to pay using virtual cards when they book business travel.

“We’ve seen the demand for virtual cards grow recently as TMCs and corporates look for more efficient ways of controlling spend and managing travel programs,” said Serko CEO Darrin Grafton in a statement. “Our Serko Online integration with Conferma will allows customers to use virtual card products from all the major card programs when booking travel on Serko Online, ensuring that Serko maintains its position as an innovative platform for travel management.”

In their announcement, Serko and Conferma highlighted the security virtual cards can offer over physical cards, as well as the ability for the payments technology to let corporate payers control exactly how much is spent with a virtual card.

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