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Hilton and Conferma Partner to Simplify Business Travel Payments with Virtual Card Payment – Image Credit Hilton
- Hilton, in partnership with Conferma, is introducing a first-of-its-kind virtual card payment technology to streamline business travel payments.
- The new solution aims to offer corporate travelers and companies a more efficient, flexible, and secure payment experience, eliminating the need for physical cards.
To simplify business travel, Hilton has partnered with Conferma to introduce a novel virtual card payment system. This technology is set to be implemented in thousands of Hilton properties worldwide, marking a significant advancement in the business travel industry.
The solution is designed to automate the integration of virtual card payment details into Hilton’s property management system, thereby reducing the manual process associated with virtual corporate credit cards. Formerly, this process required receiving payment details through email or fax. However, the new technology integration will enable over 400 Travel Management Companies (TMCs) and thousands of corporate clients to benefit from a more efficient, flexible, and secure payment experience.
Virtual cards are fast becoming the preferred payment method in the corporate travel sector, offering enhanced security, expense control, and spend reconciliation. Bookings made through Conferma’s platform generate a unique virtual card number, which is securely shared with Hilton’s property management system via API.
This integration enhances the check-in process and guest experience by streamlining the process for travelers using virtual card payments, eliminating the need for physical cards, and helping to automate B2B payments.
The partnership between Hilton and Conferma aims to transform corporate hotel payments, providing a seamless, secure, and stress-free solution that benefits business travelers, corporate finance teams, travel managers, travel management companies, and hoteliers.
Virtual card technology is expected to enhance transaction security, reduce manual work and minimize customer friction. This paradigm shift in the industry will free business travelers from time-consuming administrative tasks, allowing hoteliers to focus on improving the business traveler experience.