Join leading OTAs who already use virtual cards

How VCNs save money in leisure travel industry

WEX VCNs are used by many OTAs and Tour Operators to transform their supplier payments worldwide by:

    • Minimising currency fluctuation risk – our extended currency capability currently offers 24 major international currencies on VCNs without conversions or transaction fees for both payment and settlement
    • Making quicker payments – our integration with baVel allows you to receive hotel invoices faster and actively manage your cash flow through credit VCNs
    • Utilising a flexible product portfolio – Mastercard and Visa VCNs allow you to choose a cost of acceptance option that suits the needs of each supplier
    • Travel tech integrations – our VCNs integrate with baVel, Conferma, Traveltek and Multicom, allowing you access through existing systems without any development work
    • Industry Partnerships – we’re a preferred partner of the Advantage Partnership

WEX VCNs increase your profitability by:

    • Eliminating currency fluctuation risk
    • Saving on average 3% on international payments
    • Optimising working capital and earning money on payments made
    • Reducing administration and overhead in accounts payable

WEX VCNs can be used for any kind of supplier payments, such as hotels, airlines, car rentals, sightseeing tours, theme parks and are accepted worldwide through the Mastercard and Visa networks.

 Key VCN Features

    • Billing available in 24 currencies
    • Flexible and comprehensive reporting
    • Up to 20 fully customisable data fields per transaction
    • Limit usage with merchant category code restrictions
    • Full control through credit limit per card
    • Ability to set Effective Start and End Date at card level