As B2B payments continue to transition from paper checks to ePayments, Virtual Cards have become one of the more popular forms of electronic payment. A virtual card is designed to be used as a one-time payment that is issued for a specific vendor transaction and a specific dollar amount. Virtual card payments are the ideal way to pay vendors and suppliers, offering unmatched security over ACH payments and traditional credit card transactions, better control and easy reconciliation. And virtual cards payments are accepted by any vendor who accepts credit card payments.
In this paper you’ll read more about how virtual cards work and how they can benefit payables operations in your business. Learn how to protect your company from payment fraud and minimize exception processing. Click here to read the full story.