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# Virtual Card-Based Digital Payments
Barclaycard's Precisionpay is Integrated into Amadeus' Wallet

By Kalin Ned | Published 2019-03-05 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/virtual-cardbased
References: [traveldailymedia](https://www.traveldailymedia.com/amadeus-barclaycard-payments/) & [barclaycard](https://www.barclaycard.co.uk/business/cards/virtual)

Barclaycard and Amadeus announced that they are joining forces to deliver a [virtual card-based payment solution](https://www.trendhunter.com/trends/smooth-commerce).

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](https://www.trendhunter.com/trends/accounts-payable-solution) 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](https://www.trendhunter.com/trends/voice-ai-to-payments). The Precisionpay system is ideal for those who want better "control of direct and occasional purchases with new or less regular suppliers."

Photo Credits: Shutterstock

## Trend Insights (Trend Hunter)

- Score: 4.6/10
- Popularity: 43% | Activity: 88% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business)

## Key Themes

### Key Themes Behind This Trend

- **Virtual Card Payments:** The integration of Barclaycard's Precisionpay into Amadeus' wallet is paving the way for a more convenient and secure virtual payment system.
- **B2B Wallets:** The use of B2B wallets like Amadeus' wallet is gaining traction as it allows for a more streamlined approach to company expenditures.
- **Supplier Payment Management:** The increasing importance for businesses to have a foolproof supplier payment management system is leading to the adoption of solutions like Barclaycard's Precisionpay.

### Where This Applies

- **Financial Services:** The financial services industry can benefit from virtual card payments and B2B wallets to provide customers with more efficient payment solutions.
- **Travel and Tourism:** The travel and tourism industry stands to gain from more efficient supplier payment management solutions like Barclaycard's Precisionpay integrated with Amadeus' wallet.
- **E-commerce:** E-commerce platforms can leverage virtual card payments and B2B wallets to improve their payment systems and attract more businesses to their platforms.

## Related on Trend Hunter

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- [Personalized Digital Payment Platforms](https://www.trendhunter.com/trends/mastercard-one-credential.md)
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