Conferma is a leading global technology provider for Virtual Card Numbers. VCNs are the new standard for corporate payments, especially for bookings made through a Travel Management Company (TMC), Online Booking Tool (OBT) or Self Booking Tool (SBT) in the business travel industry, or indeed for any online procurement or purchasing process.
But VCNs aren’t just a smoother, faster way to pay, they radically improve a business’s ability to measure and manage its corporate spend.
Traditional corporate payment products – plastic corporate cards, lodge cards, purchasing cards – have a 16-digit number that is used for multiple transactions. With Conferma Virtual Card Number technology, each transaction is assigned its own unique 16-digit number in less than a second.