Comdata virtual cards allow you to deliver electronic payments using a secure, single-use Mastercard account number. Virtual cards are an alternative to checks and ACH payments and are accepted anywhere Mastercard is accepted. With virtual cards, you can set specific dollar amounts and expiration dates, thus emphasizing the protection of your company’s assets.
Since these are credit card payments, you can earn rebates on every dollar spent – similar to the way consumers earn cash back on personal credit cards. Virtual cards provide you access to monthly rebates on spending, consolidated invoices, ability to leverage existing vendor pay cycle terms, and reduced fraud and manual errors associated with paper and physical credit card payments.