Citi® Virtual Card Accounts (VCA) is an electronic payment solution that enables clients to leverage plastic-less, virtual cards for secure vendor payments. Each account can be customized with client-specified parameters and enriched data to increase control, reduce fraudulent charges and drive automation. Three available interfaces — an easy-to-use website, batch-file process, or real-time web services — support a diverse set of purchasing needs. All these features are underpinned by local-currency capabilities in over 40 countries therefore maximizing buying efficiencies for global organizations.
This Card is Best For:
Companies & Organizations seeking a versatile solution for centrally managed payments which offer robust controls and real-time capabilities. VCA has a global footprint enabling local-currency payments in multiple markets and enriched transaction data for detailed reporting and automated reconciliation.
Program Administrators seeking ways to drive commercial card spending growth across diverse business lines and supplier types, while helping to reduce risk exposure and drive automation.
Employees requiring a consistently available payment tool for card not present transactions that is simple to use.
* Only in the U.S.