Fyorin  >  Resources >  Blog  >

Virtual Cards for Payments: Best Practices

Global Operations
CFO
Global Payments
Virtual Cards
Expense Management
By
James Camilleri
|
October 7, 2022
Virtual Card Payments: Best Practices for SMEs | Fyorin

The Evolution of Payment Technologies

The shift in the payments scene is largely driven by technological innovation that enables access to customised payment services that were once out of reach. These advancements in payware technology are transforming digital payments by optimising speed, efficiency, risk mitigation, and user experience, presenting growing companies with significant opportunities to streamline their operations. However, many businesses have yet to fully embrace these possibilities, such as utilising virtual cards for accounts payables to unlock hidden value with minimal effort.