So What Exactly Are Virtual Payments?

It seems like every month a data security breach on an enterprise scale makes headlines. Companies are searching for ways to protect their financial data, and virtual payments offer an easy solution. According to Gabe Rizzi, President at Travel Leaders Corporate, “Virtual payments are coming up in nearly every dialogue we have with existing customers and new prospects about how they can implement a virtual card strategy within their travel program to really insulate against security threats.” With a virtual payment, you get a unique credit card number with each reservation, making the transaction virtually bulletproof.

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