Deem has introduced its first virtual payment provider program with Conferma Pay, a company specializing in virtual card technology. The new program allows corporations to use virtual payment solutions for travel spend, starting with hotel bookings and extending to airfare and ground transportation.
Virtual payment gives corporations a central method to bill services, and a new option for auditing and accounting for travel spend. This solution helps corporations mitigate security risk and fraud. Travelers also aren’t required to present a credit card at hotel check-in, mitigating their personal risk.
The virtual payment program service is available for hotel content across all GDS with a direct integration to Conferma Pay via their API and is available for profiled and non-profiled users of the platform.