Virtual credit cards are a flexible electronic payment method using 16-digit credit card numbers typically created for purchases at set amounts. Most commonly sent via email, they offer convenience, security and speed in the B2B payments space. Virtual cards can improve accounts payable (AP) processes, benefitting both buyers and suppliers by streamlining day-to-day payments, and providing greater control over cash flows. They also offer more safeguards against fraud than traditional business credit cards.
Boost processes virtual cards in an automated way, eliminating manual processing steps.