When we asked corporate travelers about their biggest concerns, credit card fraud and unpredictable payment acceptance were high on the list. Security & Acceptance, the latest video release in our Principles of Payment library, directly addresses these anxieties, offering guidance on safeguarding payments and clarifying which methods are most likely to be accepted in travel settings.
Our 2023 payment and expense survey revealed that one in six business travelers has encountered fraud, underscoring the need for robust payment security. This Security & Acceptance video explores current payment security standards and highlights how new approaches are staying ahead of fraud risks. It also discusses the factors influencing payment acceptance, helping travelers feel more confident about their transactions. Watch the video below to learn more.
Explore Security & Acceptance
Check out BCD’s payment library
Available now, our resource collection on payment options includes a video and a series of one-pagers that examine the strengths and weaknesses of different payment methods – from corporate cards and central-billed accounts to virtual cards, cash, and personal cards.
Coming soon:
- Virtual payments: A comprehensive look at virtual payment solutions, explaining how they enhance control over travel spending and streamline reconciliation.
- Enhanced payment data: Strategies and tools for using payment data to optimize program performance and accountability.
Exploring payment options
The first topic in the Principles of Payment library looks at the question: What’s the ideal payment mix for a corporate travel program? Visit the library for an exclusive video and a series of one pagers that detail the strengths and weaknesses of specific payment options, including corporate cards, central billed accounts, invoices, virtual cards, cash and personal cards.
