HSBC’s card proposition has evolved - from a plastic payment method to a genuine working capital optimisation tool, Cards have come a long way in how Corporates use them on a daily basis. The partnership between HSBC and VISA now allows our clients to get a detailed overview of card-receptivity within their supply chains, and help spot B2B opportunities to bring commercial and process-driven benefits to your payables infrastructure. To learn more, please watch the video below or reach out to your HSBC Relationship Manager.
Cash Flow
Virtual Card
For more details or to apply
A secure way to pay for goods and services without having to issue cards to employees.
At a glance
- Increased visibility and accuracy of actual spend
- Limit spend to purchasing policy
- Automated matching of data
- Easy to use and implement
- PCI DSS compliant for secure card management
Key benefits
Enjoy more control with improved visibility over your spend
Improve efficiency as there are no physical cards to issue and keep track of
Easy to use and implement with no change to your current processes
Monitor costs through handy reporting tools
Ensures expenditure is matched to booker details, invoice number, cost centre or traveller details
Choice of ways to pay suppliers - online, by phone or on receipt of an invoice
3 flexible options to suit your needs
- An online portal with the ability to set-up an approval flow, restrict users access to specific supplier profiles and an unlimited amount of custom data fields
- A Central Travel Booking system which integrates with your Travel Management Company (TMC) to support hotel spend capture with travel agents or procurement systems
- A batch payment process gives you the option to enable automatic invoice settlement through your card programme
Important information
Factsheet (PDF, 70KB)
More information about our Virtual Card
Find out more
For more details or to apply
Speak to your Relationship Manager
