Corporate Travel Struggling to Implement Mobile and Virtual Payments
Photo Credit: Apple Pay in use on an Apple Watch. Flickr / Shinya Suzuki
Skift Take
The way that hotel stays are booked, especially in Europe, could make it hard for digital innovations like virtual cards and mobile payments to ever really catch on in corporate travel.
In the world of business travel, virtual cards and mobile payments represent something of a holy grail. Theoretically, travelers are able to pay their expenses seamlessly, while companies and travel managers can track movements, reduce fraud, and overall exert more control over the spending of employees.
But the reality is much more complex, according to payments experts. Virtual cards, or the creation of unique credit card numbers for each business trip, and mobile payments through services like Apple Pay, Android Pay, and Samsung Pay, have yet to become ubiquitous in corporate travel due to a variety o
