Turn supplier payments into profit centre

Improve profitability with WEX Virtual Card Numbers

Paying suppliers typically involves cost, exposes you to the risk of currency fluctuation and involves many manual processes. Having a single payment method with global acceptance is crucial for businesses.

Our Virtual Card Number (VCN) portfolio enables you to choose a cost of acceptance option that suits the needs of each supplier.

Our VCNs allow you to:

  • Eliminate currency fluctuation risk
  • Save on average 3% on international payments
  • Optimise working capital and earn money on payments made
  • Reduce administration and overhead in accounts payable

Transform supplier payments with VCNs

  • Single-use card number enabling automatic reconciliation
  • Secure and controlled payment method
  • Globally accepted by suppliers through existing terminals
  • Real-time payments with different funding options

Travel How it Works_Landscape Leisure Travel

Benefits of WEX VCNs

  • Billing available in 24 currencies
  • Flexible and comprehensive reporting
  • Up to 22 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

Virtual Payments clients

  • Our clients range from small to medium UK travel specialists to large multinational travel corporations in both the leisure and business travel sectors
  • Online and retail travel agents, travel management companies and wholesalers use virtual cards to pay their suppliers
  • Clients include Expedia