Virtual Card

published on 18.12.2015
Virtual Card

The Virtual Card serves principally to book and pay secured online transactions (airplane ticket, hotel, car rental…). Business trips and other job-related expenditures can more easily be managed this way. The Virtual Card is complementary to the other existing commercial cards (Corporate, Procurement, Travel Account) for a company’s functional expenditures.

Two solutions exist:

  • A web solution, through which users can manually generate Virtual Cards for their purchases.
  • A solution integrated into the company’s IT system that automatically generates Virtual Cards.
  • Enhanced security for online payments: a single-use card number to delegate purchases securely and avoid the risk of fraud and misuse.
  • Advanced control: customisable limits and restrictions to control the company’s expenses.
  • Greater flexibility: payment periods adapted to the company’s needs.
  • Extensive coverage: the VISA network, the worldwide leading payment network.
  • Time saving for the company and its staff.
  • Better traceability and management of expenses.
  • Efficient management and monitoring tools.
  • A single-use card: a unique and secure Virtual Card number is generated for each purchase.
  • The option of configuring the use of the Virtual Card in order to reinforce the expenditure control:
    • Expenditure ceilings associated with each card.
    • Overall spending limit for the company.
    • Maximum amount per order and per period.
    • Authorised and prohibited suppliers.
    • Deferred payment to suit the company’s needs.
  • The Virtual Card makes it easier to track and analyse the company’s expenses by registering additional references for each transaction, up to 10 free-text areas (Cost centre, ID of the traveller, …).
  • The Virtual Card can be used with all retailers in the Visa-network.
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the leaflet

The Virtual Card serves principally to book and pay secured online transactions (e.g. airplane ticket, hotel, car rental, …). Business trips and other job-related expenditures can more easily be managed this way.