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CWT offers innovative virtual payment solution to clients

New offering powered by Conferma provides virtual cards across all GDSs

Carlson Wagonlit Travel (CWT) today announced that it has added to its travel offering with the introduction of a virtual payment solution, powered by Conferma.
The new virtual payment solution is part of CWT’s focus on delivering a seamless door-to-door integrated system for clients and their travellers at every step of their journey. It not only helps travellers without a company credit card, but also clients who want to settle their corporate travel centrally. Initially the solution will be used to pay for hotels and low cost carriers, and may also be offered for other content in the future.

For clients and travel managers, this means automated reconciliation of charges for improved accuracy, greater visibility into total cost of travel, increased efficiency and better programme compliance, while travellers benefit from a simplified expense management process and less reliance on their personal credit cards for business expenditure.

Nick Vournakis, senior vice president, Global Marketing, CWT, said, “Clients are looking to CWT to manage payments for all their travel, across all market segments, online and offline. This solution enables us to meet even more of their needs and we look forward to implementing this innovative product with our clients.”

CWT’s virtual credit card solution works across all GDS platforms, and depending on which country a customer is based, can be offered via CWT’s or the client’s specific card provider.

“We pride ourselves on being at the forefront of innovation in universal payment technologies,” commented Simon Barker, CEO, Conferma. “CWT has embraced our innovation and customised it around their world-renowned and flexible corporate solutions. We are confident that Conferma’s technologies, combined with CWT’s global reach and customer service ethic, will set a new, industry-leading standard in payment and data solutions.”

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