Under the terms of the alliance, KDS will be able to offer a virtual payment platform to clients. In association with their banking partners, Conferma creates a virtual card solution which companies can use to pay and settle travel bills only when they are needed. Conferma then provide matching data which includes booking, payment and invoicing management information which can be organised by cost centre, individual business traveller or hotel property.
All sensitive payment card details are encrypted by Conferma to eliminate the handling, processing and storage of credit card data for customers.
Conferma processes virtual card transactions in 22 currencies in over 100 countries worldwide.
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