Business Travel News EuropeBusiness Travel News Europe
Business Travel News Europe
  • NEWSOpen Menu
    • Accommodation
    • Air Travel
    • Ground Transport
    • Management
    • Meetings
    • On the Move
    • Payment & Expense
    • Technology
    • TMC & Distribution
    • Travel Procurement
    • Recent Issues
  • FEATURESOpen Menu
    • View All Features
  • CONVERSATIONSOpen Menu
    • Interviews and Q&As
    • Guest columns
    • Podcasts
    • VIEW ALL CONVERSATIONS
  • RESOURCESOpen Menu
    • Powered Up: The travel tech of today & tomorrow
    • The Future of Meetings
    • Smart Money: Cards, payments & expenses
    • The Journey Towards Sustainable Business Travel
    • Safety Measures: Risk, duty of care & wellbeing
    • Stepping It Up: Small & midsized travel programmes
    • Diversity, Equity & Inclusion in business travel
    • Business Travel Rebooted
    • New Horizons: The 2022 sourcing guide
    • The 2022 Hotlist
    • Wheels in Motion
  • EVENTSOpen Menu
    • Webinars
    • Business Travel Show Europe
    • Business Travel Show Europe Kick Off
    • Business Travel Awards Europe
    • Business Travel Intelligence Summit Europe
    • Business Travel Accommodation Summit
    • Business Travel Tech Talk
    • Entertainment Travel Summit
    • Global Travel Risk Summit
    • Strategic Meetings Summit
    • Sustainable Business Travel Summit Europe
    • VIEW ALL EVENTS
  • SUBSCRIBE
  • NEWSOpen Menu
    • Accommodation
    • Air Travel
    • Ground Transport
    • Management
    • Meetings
    • On the Move
    • Payment & Expense
    • Technology
    • TMC & Distribution
    • Travel Procurement
    • Recent Issues
  • FEATURESOpen Menu
    • View All Features
  • CONVERSATIONSOpen Menu
    • Interviews and Q&As
    • Guest columns
    • Podcasts
    • VIEW ALL CONVERSATIONS
  • RESOURCESOpen Menu
    • Powered Up: The travel tech of today & tomorrow
    • The Future of Meetings
    • Smart Money: Cards, payments & expenses
    • The Journey Towards Sustainable Business Travel
    • Safety Measures: Risk, duty of care & wellbeing
    • Stepping It Up: Small & midsized travel programmes
    • Diversity, Equity & Inclusion in business travel
    • Business Travel Rebooted
    • New Horizons: The 2022 sourcing guide
    • The 2022 Hotlist
    • Wheels in Motion
  • EVENTSOpen Menu
    • Webinars
    • Business Travel Show Europe
    • Business Travel Show Europe Kick Off
    • Business Travel Awards Europe
    • Business Travel Intelligence Summit Europe
    • Business Travel Accommodation Summit
    • Business Travel Tech Talk
    • Entertainment Travel Summit
    • Global Travel Risk Summit
    • Strategic Meetings Summit
    • Sustainable Business Travel Summit Europe
    • VIEW ALL EVENTS
  • SUBSCRIBE
Business Travel News Europe
  • Business Travel News Europe on Twitter
  • BTN Europe on LinkedIn
  • BTN Europe on Facebook
  • NEWS
    • Accommodation
    • Air Travel
    • Ground Transport
    • Management
    • Meetings
    • On the Move
    • Payment & Expense
    • Technology
    • TMC & Distribution
    • Travel Procurement
    • Recent Issues
    SubscribeBTN Europe NewsletterBTN Europe Magazine
  • FEATURES
    • View All Features
    2023 Hotlist BTN EuropeThe 2023 Hotlist
    Shanghai ChinaThe great reopening of China?
    Europe from spaceA European tour

  • CONVERSATIONS
    • Interviews and Q&As
    • Guest columns
    • Podcasts
    • VIEW ALL CONVERSATIONS
    David DuffyHow the EU has fixed ESG
    Helen HodgkinsonLet payments shine a light on your environmental impact
    John Sturino, vice president of product and technology, EgenciaWhy business travellers need more control over their trips
  • RESOURCES
    • Powered Up: The travel tech of today & tomorrow
    • The Future of Meetings
    • Smart Money: Cards, payments & expenses
    • The Journey Towards Sustainable Business Travel
    • Safety Measures: Risk, duty of care & wellbeing
    • Stepping It Up: Small & midsized travel programmes
    • Diversity, Equity & Inclusion in business travel
    • Business Travel Rebooted
    • New Horizons: The 2022 sourcing guide
    • The 2022 Hotlist
    • Wheels in Motion
    Tools & ResourcesEurope's Leading TMCs 2022Booking tools – the essential guideCorporate Travel Index EuropeTravel entry requirementsBTN Europe podcastsBTSE Kick Off - CEO InterviewsRecent issues of BTN Europe
  • EVENTS
    • Webinars
    • Business Travel Show Europe
    • Business Travel Show Europe Kick Off
    • Business Travel Awards Europe
    • Business Travel Intelligence Summit Europe
    • Business Travel Accommodation Summit
    • Business Travel Tech Talk
    • Entertainment Travel Summit
    • Global Travel Risk Summit
    • Strategic Meetings Summit
    • Sustainable Business Travel Summit Europe
    • VIEW ALL EVENTS
    Business Travel Show Europe Kick Off

    Business Travel Show Europe Kick Off, 23 February,

    7th Annual Global Travel Risk Summit Europe

    Global Travel Risk Summit Europe, May 2023,

    Sustainable Business Travel Summit Europe

    3rd Annual Sustainable Business Travel Summit

  • SUBSCRIBE

Technology

BCD Travel report explores virtual payments

By Molly Dyson / 26 April 2019 / Contact Reporter
Share

A white paper by travel management company BCD Travel explores how automation enabled by virtual credit cards improves security, efficiency and data collection that leads to corporate travel programme insights.

According to the Global Business Travel Association (GBTA), the average company spends 40 hours a month reconciling travel expenses and payment data when using traditional payment methods.

BCD Travel’s report – Payment: Virtual is your new reality – was written to provide travel buyers with actionable information they can use to make educated decisions about virtual payment options.

It explores what travel managers need to know about virtual cards and payment automation, as well as how virtual cards fit into the payment landscape. In addition, it outlines the challenges and benefits of traditional payment methods and virtual payments.

Readers can also get tips on how to choose the right payment option for their programme needs and find out what’s involved in implementing virtual payments.

The report explores five steps corporate travel programmes can take to achieve virtual payment success – select, agree, connect, test and roll out. It also identifies internal and external stakeholders whose involvement is usually required to successfully incorporate virtual payment into corporate travel programmes.

Mike Eggleton, senior manager of analytics and research at BCD Travel, said: “Travel managers looking for ways to increase traveller satisfaction while avoiding some of the pitfalls of traditional payment methods should investigate the benefits of virtual payments. With increasing adoption of business travel-related technology, we see ever greater numbers of corporate travel programmes adopting virtual payment. Our new white paper is a good way to learn about the topic for informed decision-making.”

View the full white paper here

bcdtravel.com

More Technology
Related
Corporate Traveller sustainabilityAmex GBT integrates Chooose data across booking tools
Vueling_cryptocurrencyVueling to introduce cryptocurrency payments
Climate action_green techChooose secures $15 million funding boost

SPONSORED CONTENT

The workplace has changed. Does your travel & expense match up?
The workplace has changed. Does your travel & expense match up?By Cytric by Amadeus

Does your travel & expense match up?... KEEP READING

The eight trends shaping ground transportation
The eight trends shaping ground transportationBy Enterprise National

Eight emerging ground transportation priorities shaping business travel in 2022 and beyond... KEEP READING

More Technology

Amex GBT integrates Chooose data across booking tools
Vueling to introduce cryptocurrency payments
Chooose secures $15 million funding boost
TakeTwo partners with Serko to offer booking tool

VIEW ALL
  • Most Read
  • Most Shared
  1. Amex GBT adopts ‘segment-driven model’ as Geall takes SME role
  2. Eurostar Group aims to double traffic as new brand launches
  3. Air France launches new business class cabin on long-haul routes
  4. The great reopening of China?
  5. Gray Dawes acquires Australian TMC to start global expansion
  1. Brexit challenges pile up for UK-EU business travel
  2. Netherlands government appoints business travel partners
  3. European hotel bookings approaching pre-Covid levels
  4. TouristMobile adds Torsten Kriedt to leadership roster
  5. Countries agree goal of achieving net zero for aviation by 2050
Business Travel News EuropeBusiness Travel News Europe
  • About us
  • Contact us
  • Advertise
  • EDITORIAL CALENDAR
  • Business Travel Show Europe
  • Business Travel News Europe on Twitter
  • BTN Europe on LinkedIn
  • BTN Europe on Facebook
BUSINESS TRAVEL NEWS EUROPE
NORTHSTAR TRAVEL GROUP
Business Travel News
  • About us
  • Contact us
  • Advertise
  • Editorial calendar
  • Editorial guidelines
  • Subscribe to BTN Europe
  • Subscribe to BTN U.S.
  • Subscribe to Travel Procurement
  • Privacy policy
  • Terms & conditions
Northstar Travel Group
  • Corporate travel
  • Business Travel Show
  • Business Travel Awards
  • BTN U.S.
  • The Beat
  • Travel Procurement

  • Travel Technology
  • Travel Tech Show
  • Phocuswire
  • Phocuswright
  • Intelliguide
  • Meetings & incentives
  • M&IT
  • AMI
  • ConventionSource
  • M&IT Awards

  • Retail travel
  • Travel Weekly
  • Travel Pulse

  • Northstar Travel Group
  • View all Northstar brands
BTNGroup
Business Travel News EuropeBusiness Travel NewsTravel ProcurementThe BeatBusiness Travel Show Europe
Northstar Travel Group
Copyright ©2022, Northstar Travel Media Ltd, The Epworth, 25 City Road, London EC1Y 1AA, UK
RRManagement rrtestprocurement