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The Principles of Payment - Exploring Payment Options

#corporatetravel #payment #digitalsolutions Join us as we explore the various payment options available for corporate travel programs. This video highlights the strengths and weaknesses of different payment methods, from corporate cards to virtual payments, and provides insights into managing expenses, fraud protection, and traveler experience. Learn how to choose the best payment mix for your travel program and stay ahead in the evolving landscape of travel payments. Timestamps: 00:00 - Introduction to Corporate Travel Payment Options 00:26 - Popularity and Drawbacks of Corporate Cards 00:52 - Benefits and Challenges of Central Billed Accounts 01:18 - Advantages of Invoicing for Cross-Border Transactions 01:46 - The Rise of Virtual Cards and Their Security Features 02:08 - Cash Payments: Utility and Limitations 02:32 - Personal Credit Cards: Pros and Cons for Employees 02:58 - Transitioning from Low Tech to High Tech Payment Forms 03:12 - Additional Resources for Travel Payment Solutions Explore how BCD Travel helps you to choose the best payment solutions for your program: https://www.bcdtravel.com/travel-mana...