Paul Raymond: One of the things driving virtual card solutions is the expectation of a frictionless purchasing process.

“One of the things driving virtual card solutions is the expectation of a frictionless purchasing process. That’s come about from the likes of Uber and other leisure offerings where the actual payment part of it is so far in the background the individual never has to worry about it,” Raymond says.

Conferma Pay has been testing e-wallet integration for the last few months, and Raymond says he expects the first corporate customer to begin using the system within the next month.

“What we are able to do now is place a virtual card into a user’s phone and they can provision that card directly into an Apple wallet or Google wallet and then they are able to purchase utilizing the NFC tap and go technology, for example around London for the Tube or at a large chain restaurant,” he says.

The functionality could also enable travel managers to build more flexibility into their policies, knowing that with virtual payment technology all spend would be captured and visible.

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