Barclaycard and Amadeus announced that they are joining forces to deliver a virtual card-based payment solution.
Precisionpay is Barclaycard 's virtual card offering that promises a "fast, secure and convenient way to manage supplier payments." This solution will be integrated into Amadeus' B2B wallet. As a result, businesses have the option to pay their vendors via Barclaycard and enjoy a more streamlined approach to company expenditures.
The virtual card-based payment method certainly allows for a higher degree of flexibility. The exchange can be initiated in the digital landscape or over the phone. The Precisionpay system is ideal for those who want better "control of direct and occasional purchases with new or less regular suppliers."
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Virtual Card-Based Digital Payments
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