Fintech specialist Conferma Pay has deepened its offering by announcing the integration of Visa virtual cards in its mobile app.

It means the solution is now available to Visa’s commercial bank clients across the globe, allowing them to bring the Conferma Pay app to their corporate customers as part of Visa’s broader technology offering.

Coming at a time when digitalisation of payments has never been so pivotal, the app means employees can now make virtual card payments anywhere that contactless payments are accepted, with a tap of a phone, using the Conferma Pay app to provision a virtual commercial card to their phone’s digital wallet. 

Simon Barker, CEO, Conferma Pay commented: “This is the first time that the benefits of virtual cards can be applied to commercial tap and go payments. Commercial card program managers will be able to see the rich data that a virtual card can deliver, together with a payment experience that’s as good as any in the consumer space.”

With Conferma Pay’s mobile app, the total spend will be captured in a single record, providing the commercial card program manager with complete visibility into an individual’s spend, eliminating the need for paper receipts or manually submitted expenses.

The collaboration between Conferma Pay and Visa seeks to boost efficiency through its globally available mobile payment solution. Participating companies will now have the ability to grant controlled spending power to individuals without the need to issue physical cards. 

Kevin Phalen, SVP, Global Head, Visa Business Solutions added: “Visa’s collaboration with Conferma Pay is another important initiative in greatly reducing friction in expense payments for businesses globally. Conferma Pay is an innovative fintech partner that will help Visa’s commercial clients bring virtual-card innovation to their business clients worldwide.”