Visa has launched a suite of new B2B payment solutions including a virtual card.
In Brief:
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Visa Commercial Pay has been launched in partnership with Conferma Pay.
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It includes on-demand virtual card issuance to employees’ devices to manage business expenses.
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There is also a Travel option so travel spend can be managed centrally.
What does this mean?
The solution will help businesses manage cash flow more easily, but more importantly understand it through the data on offer.