Mobile and cloud technology provider Deem has launched its first virtual payment programme with Conferma Pay for corporation and traveller security.
The program allows corporations to virtually pay for travel spend starting with hotel bookings then expanding to airfare and ground transportation.
John Rizzo, Deem president and chief executive officer, ensures that the program solves challenges for both corporations and travellers alike.
Corporations will reduce security and fraud, especially in regions or countries with higher levels of fraudulent activity, by using a central method to bill services. This program allows for a better way to audit and account for travel spend.
Travellers are also not required to present a credit card at hotel check in, reducing their personal risk.
The program is available to profiled and non-profiled users for hotel content across all GDS with direct integration to Conferma Pay.
Custom PNR remarks are also supported and will be available by the end of quarter three.
Todd Kaiser, Deem senior vice president and business development and strategy, said: “We’re excited to launch our virtual payment program with Conferma Pay. They are the leader in the travel space and widely adopted by our global customers.
“Our travellers are going to love the convenience and reliability of this program as we roll it out across all of our booking surfaces and inventory types.”
Conferma Pay is connected to more than 500 travel management companies, all five major global distribution systems and is integrated with card schemes serving more than 36 banking partners.
Paul Paymond, Conferma Pay director of strategic relations, said: “We want to support corporations by enabling them to cut costs through more efficient administrative processes.
“With Conferma Pay’s virtual payment technology, customers benefit from a holistic and detailed, automated reporting system accounting for every single transaction.
“This achieves greater efficiencies, tighter controls, heightened security and avoids laborious manual tasks to create a complete cost-effective solution.”