virtual credit cards
Hospitality Industry Gains Complete Automated Solution with CSI globalVCard and BirchStreet Partners
BirchStreet Systems, Inc. | June 5, 2015
BirchStreet integrates hospitality industry's leading eProcurement platform with CSI's globalVCard paysystems to further automate the procure-to-pay process. Bonita Springs, FL - CSI globalVCard, a leading provider of electronic payment solutions, and BirchStreet, the leading procure-to-pay (P2P) solution provider for the hospitality industry, today announced a partnership and the upcoming integration of their enterprise technologies. The integration will further enhance BirchStreet's eProcurement platform to allow its customers the option of paying suppliers through CSI's highly secure globalVCard payment system. "The partnership and i...
Industry Association Eases Acceptance of Virtual Credit Cards by Hotels
Hotel Technology Next Generation | May 20, 2015
CHICAGO – (May 20, 2015) Hotel Technology Next Generation (HTNG), the membership association that unites the world's hospitality companies and technology innovators to solve industry challenges, announced the release of the Virtual Payment Cards Specification, which provides a standard mechanism for hotels to distinguish virtual cards from traditional cards and handle them more efficiently. Virtual credit cards have been used very commonly in recent years by Online Travel Agents (OTA) to pay hotels for pre-paid or merchant bookings. They are now becoming more popular and being used by Global Distribution Systems (GDS) for corporate tr...
