What’s a B2B Virtual Card and Why Would I Want It?

A B2B virtual credit card (sometimes called a vCard or Single Use Account) is a unique 16-digit computer generated number used to settle a specific vendor payment transaction issued for a specific dollar amount. Designed as a more secure alternative to ACH and check payments, virtual cards are essentially “card-less” credit card payments. With virtual card spend projected to grow to $355 billion by 2022, there are several reasons why AP departments will want to…
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