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A game changer for companies: Visa Commercial Pay

A solution to simplify and accelerate B2B payments

In today's business world, fast and efficient solutions are extremely important, especially for larger companies. Often, corporate travels must be organised at short notice for employees who have not been issued a corporate card by the company. In addition, the manual administration of payments means a major effort for regular business expenses.

This is where Visa Commercial Pay (VCP) comes in: a digital platform for efficient expense management and flexible B2B payment options based on virtual corporate cards. VCP simplifies processes, minimises administration and increases efficiency. The easy-to-use application is available as a desktop solution or mobile app and can be seamlessly integrated with existing ERP systems. But what is it that makes VCP so special?


Advantage for corporate travel and spontaneous payments

Companies are often faced with the challenge of providing means of payment spontaneously. Without having a corporate card from their company, employees often have to use their personal cards or cash to pay for expenses on business trips. After their trip they claim the expenses, which takes time and effort.

With VCP, companies can issue virtual corporate cards in real time and customise them to according to the intended use. For example, a card for business travel can only be approved for hotels or taxi costs. Employees can request the card via the app and an administrator can activate it immediately. To document payments more easily, receipts can now be photographed and stored directly in the app. 


Conclusion

VCP offers companies greater flexibility with minimal bureaucracy. When combined with virtual corporate cards, payment processes can be made more efficient, secure and customisable. 

Contact our experts to find out more about how Visa Commercial Pay can benefit your business. We look forward to hearing from you!


André Dehm

Visa Commercial Solutions

dehma@visa.com         


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