
The Power and Challenges of Virtual Payments in Business Travel
The Power and Challenges of Virtual Payments in Business Travel By Jean-Michel Kadaner The settlement of business travel is a critical part of corporate operations, but traditional payment methods can be complex – creating inefficiencies, security risks, and compliance challenges. Virtual payment solutions have appeared to be a game-changer, offering a smarter, safer, and more streamlined way to pay for corporate travel. This shift is driving significant market growth, with the global virtual cards market valued at approximately USD 19 billion