Greater focus on secure forms of payment enables “essential” travelers to check-in to hotels with minimum disruption & minimal interaction
BONITA SPRINGS, Fla. (April 6, 2021) – Corporate Spending Innovations, an Edenred company and leader in electronic B2B payment solutions, announced today their integration with Sertifi’s eConfirmations product, providing a Payment Card Industry (PCI) compliant process for the communication of virtual cards and reservation details to hotel properties. Sertifi, an industry leading provider of electronic signatures, payments, and authorizations, developed eConfirmations as part of the Authorizations Platform to create a global payment network for the hospitality industry and virtual card providers.
Through this integration, Corporate Spending Innovations securely provides hotels, within the network, reservation details and tokenized payment information. The highly secure eConfirmations will be transmitted digitally, resulting in a more streamlined, fully automated process that will significantly increase accuracy and efficiency for the hotel’s administrative staff. It will no longer be necessary to issue manual credit card authorization forms since all critical information is delivered to hotels automatically through the encrypted Sertifi integration.
In a year focused on ensuring “essential” travelers can check-in at hotels with little disruption and minimal interaction, the use of virtual cards have greatly increased and become the preferred payment method for many corporate business travelers.
“The demand of virtual card utilization in the last 12 months is what drove Corporate Spending Innovations to establish this new and innovative partnership,” said Juliann Pless, SVP of Travel Solutions at Corporate Spending Innovations.
“Sertifi’s eConfirmation technology paired with Corporate Spending Innovations’ card issuance, and it’s multiple connections with Travel Management Companies and Travel Technology providers, provides a painless and automated virtual card program for corporate travel payments,” added Nick Stojka, Co-Founder at Sertifi. “The addition of Corporate Spending Innovations to the eConfirmations network helps us continue our mission of helping businesses finalize business faster.”
About Corporate Spending Innovations:
Corporate Spending Innovations provides innovative payment solutions to world-leading brands with their highly secure corporate payment solutions that include CSI Paysystems, CSI Travel, and global-fleet fuel cards. Corporate Spending Innovations’ customers can automate 100% of B2B payables including virtual credit card, proprietary network, ACH, check, or foreign exchange with cross-border payments settled in local currency. Corporate Spending Innovations is a certified Mastercard processor and has obtained Visa Ready for Business Solutions approval.
Corporate Spending Innovations is part of Edenred, a leading digital platform for services and payments and the everyday companion for people at work, connecting over 50 million users and 2 million partner merchants in 46 countries via more than 850,000 corporate clients. From single- and multiple-use virtual cards with or without information systems integration to identified wire transfers and supplier payment platforms, the Corporate Payment services offered by Edenred enable companies of all sizes and in all industries to meet their specific payment needs. Edenred’s flexible platforms simplify and secure clients’ incoming and outgoing transactions, while also facilitating their payment reconciliation process.
Sertifi is a leading technology company dedicated to helping organizations finalize business faster. It offers industry defining Agreement and Authorization Platforms built for businesses who need a more efficient and secure way to manage workflows. Sertifi simplifies how businesses send and collect agreements, payments and authorizations by bringing it all into a secure platform. Sertifi automates processes, saves time from performing repetitive tasks, enhances security and PCI compliance, and provides customers an easy and convenient way to get business done faster. Tens of thousands of businesses around the world use Sertifi to streamline their contracts and payment processes, recognize revenue faster, and increase job efficiency.