American Express vPaymentTM

Streamline the payment and reconciliation process, with specific controls for transactions

Control and Reconciliation in One Payment Solution

American Express vPaymentTM is a digital payment solution that assigns a specific-use account number to each transaction. Users are also able to set a specific payment amount, date range, and append transaction details to help control spend and facilitate reconciliation processes.

How vPayment Can Take Your Company to New Heights of Efficiency
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How vPayment Can Take Your Company to New Heights of Efficiency

American Express vPaymentTM from American Express streamlines the payment and reconciliation process, with specific controls for each transaction

How it Works

  1. Virtual Account Number Creation

    A virtual account number is assigned to each transaction and is provided to the supplier. Your company can set a specific dollar amount, usage date range, and enter key expense details that will be associated to this payment.

  2. Payment Verification

    The supplier charges the American Express vPayment virtual account number and charges are verified against the pre-authorized controls set by your company.

  3. Expense Reconciliation

    Transaction data is matched to your company’s predefined expense details and consolidated into a single data file for reconciliation.

Features & Benefits