Westpac Launches Virtual Cards for Enhanced Corporate Payment Control in Australia
Friday, July 19, 2024
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Posted by: Sierra Lindemann
Westpac has introduced Dynamic Virtual Cards for institutional, corporate, and government clients, enhancing control and security for "tap and go" payments. These Virtual Cards can be used online and in-store, with customizable parameters for each card, such as user permissions, spending limits and usage duration. This solution streamlines expense management by eliminating the need for physical cards and reimbursements, providing real-time control and transparency of spending.