OSHKOSH, WI (PRWEB) March 12, 2015
Fox World Travel and Conferma today announced a partnership to provide clients with an advanced solution in travel payment: the ability to generate on-demand single use virtual credit card numbers (VCNs).
VCN technology provides organizations a secure travel payment option for temporary employees, candidates, infrequent travelers, and travelers without a corporate credit card. VCNs also make post-trip reconciliation more efficient while reducing fraud, loss, and theft associated with traditional corporate cards.
Through integration with Confermas API, Fox is able to offer our clients the ability to apply virtual card payments during both agent assisted and online reservations, said George Kalka, Foxs senior director of account management. Confermas numerous bank relationships and capability to customize card limits, validity, and use restrictions provides our clients with significant flexibility and security measures when implementing this payment solution.
Conferma streamlines the reconciliation process after travel by generating unique VCNs and capturing custom reportable fields for each transaction. VCNs are an attractive solution to move beyond the limitations of hotel direct billing, said Kalka. VCN authorizations are automatically faxed to the hotel multiple times prior to the travelers arrival. Additionally, travelers can access an image of the VCN and re-fax the hotel authorization from a smartphone using Confermas TripPay app.
We are delighted to partner with Fox and have been very impressed by the speed at which they have been able to implement the solution for their customers, commented Simon Barker, CEO of Conferma. "Through the interaction of our respective APIs, Fox can now operate a secure and efficient payment mechanism that offers their clients even more reporting data on their travel spend. Foxs connection to Conferma opens up a gateway of multiple banking and scheme partners to their customer base, providing them with a choice.
About Fox World Travel Fox World Travel, Inc. is a leading provider of travel management solutions, serving travelers as they navigate the globe while guiding organizations toward successful policies, compliance and financial advantages in their domestic and global travel programs. Established in 1960, Fox World Travel enjoys the distinction of being among the largest and most highly respected travel management companies nationwide.
For more information please visit http://www.foxworldtravel.com.
About Conferma Conferma is an expert in VCN technology for the settlement and reconciliation of corporate travel expense. Confermas VCN technologies enhance operational efficiencies and drive cost savings, whilst providing tighter payment controls and offering detailed and accurate data on corporate travel spend. Conferma first launched its payment platform in 2004 and is privately owned.
For more information please visit http://www.conferma.com or follow us on Twitter @Conferma.
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Fox World Travel & Conferma Announce Partnership to Offer Virtual Payment Solution
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