Virtual Payments news and trends

PYMNTS Intelligence: How the Rise of the Gig Economy Is Influencing Latin American Consumers’ Payment...
Latin America // April 07, 2022

Consumers worldwide have altered various aspects of their lives during the pandemic, including how they shop, pay bills and work. Digital-first remote or freelance positions that give workers more flexibility are fast becoming the norm for many individuals. This change is especially notable in regions...

Virtualized B2B Payments: Poised To Kill The Paper Check — And The Plastic Card
B2B Payments // January 19, 2021

For B2B payments, the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. To that end, in an interview with PYMNTS, Darren Blair, head of B2B payments at Conferma Pay, said virtual payments can...

Amadeus Partners With Troovo For B2B Travel Pay Automation
B2B Payments // June 04, 2020

Amadeus‘ B2B wallet will now integrate Troovo‘s technology to help automate the process of virtual travel payments, according to a press release. The company will use Troovo’s Robotic Process Automation (RPA) engine in an attempt to get key data on travel payments and bookings automated...

Are Virtual Cards The Future Of B2B Travel Payments?
VISA // January 09, 2020

When Sabre and Visa announced a new partnership in April to pair Visa virtual commercial cards with the Sabre Virtual Payments gateway, the goals were fairly big: create a virtual B2B travel payments solution that was faster, more secure and more transparent for buyers and suppliers....

Interviews & Exclusives
Virtualized B2B Payments: Poised To Kill The Paper Check — And The Plastic Card

January 19, 2021
For B2B payments, the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. To that end, in an interview with PYMNTS, Darren Blair, head of B2B payments at Conferma Pay, said virtual payments can alleviate pain points for buyers and suppliers that have grappled […]

Are Virtual Cards The Future Of B2B Travel Payments?

January 09, 2020
When Sabre and Visa announced a new partnership in April to pair Visa virtual commercial cards with the Sabre Virtual Payments gateway, the goals were fairly big: create a virtual B2B...

WEX Answers B2B Payments’ Four Big “Why’s”

May 19, 2017
In the complex payments space, it’s often innovate-or-die, especially when it comes to cross-border payments methods and payments technologies. Bob Sneed, VP Payment Solutions, WEX, joined the latest installment of...

Corporate Travel Headed For New Phase Of Payments Tech

May 16, 2017
As B2B keeps kicking its former reputation as being too sluggish to innovate, the area of corporate travel and expense management has emerged as one of B2B payments’ stars, demonstrating...

Quick Reads
Visa Powers Virtual Payments For Sabre

April 30, 2019
Global travel industry technology provider Sabre announced a partnership with Visa, the payments company, to support business-to-business virtual payments in the travel industry. In a press release, Sabre and Visa said travel buyers and suppliers can make payments and get paid with virtual Visa commercial cards through the Sabre Virtual Payments solution. Through the partnership, customers […]

UATP, Conferma Pay Team To Bring Virtual Payment Cards To Airlines

February 14, 2019
UATP and Conferma Pay announced on Thursday (Feb. 14) that they have inked a partnership aiming to bring virtual card payment technology to airlines. According to a press release, the...

Speedpay Fully Integrates With Beguided’s Payment Channel

August 29, 2018
Western Union subsidiary Speedpay announced it has partnered with tech company Beguided to fully integrate its Avapay payment channel into Speedway’s platform. Speedpay assists clients with the creation of bill presentment...

B2B Payables Go Virtual For BoA Customers

January 22, 2018
Bank of America Merrill Lynch announced news on Monday (Jan. 22) of the launch of BofA Merrill Virtual Payables, which enables commercial purchasing customers to connect with the bank’s virtual...