Payment Solutions for the Travel Industry

American Express offers payment solutions for the travel industry that can help improve payment processes between you and your suppliers.

Streamline the Payment Process, From Reservation to Reconciliation

vPayment is a virtual payment solution configured for the travel industry that assigns a single-use account number to each transaction. Users are also able to set a specific payment amount, date range, and 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

vPayment from American Express streamlines the payment and reconciliation process, with specific controls for booking transactions

How vPayment Works for the Travel Industry

  1. Virtual Account Number Creation

    A virtual account number is assigned to each transaction and 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 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.

Case Studies

vPayment Bolsters GTA's Competitive Edge
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vPayment Bolsters GTA's Competitive Edge

vPayment supplier payment processing system

vPayment from American Express Helps Support Travel Corp’s Commitment to Suppliers and Customers

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