Payments provider Visa has partnered with data management firm Grasp Technologies, allowing corporate clients to access enhanced data from their travel spend.
Commercial Visa card issuers and their corporate clients can benefit from Grasp’s experience working with more than 400 global TMCs. As a result, businesses can speed up implementation of Visa’s Global CTA (Central Travel Account) Solution, which unifies corporate travel data and provides customised reports to issuers and their clients.
Visa says the partnership will benefit corporate card and travel managers from both small businesses and large enterprises. Grasp provides insights into travel card usage matched with itineraries from participating TMCs, which it says helps travel managers properly enforce their corporate travel policy and accountability of spend.
visa.co.uk; grasptech.com