WEX Virtual Card Numbers (VCNs) are an electronic payment solution allowing you to pay your suppliers.
Single-use card numbers enable automatic reconciliation, while providing fraud protection through card level security settings.
VCNs are globally accepted through the Mastercard and Visa networks, offering immediate payment processing by booking, invoice or batch.
Key benefits of WEX VCNs for your business
- Access working capital through commercial lending – a credit line enhances working capital for you and your suppliers
- Reduce the cost of international payments – save up to 3% per transaction by avoiding FX rate mark ups and cross-currency fees
- Seamless integration through travel reservation systems – achieve automated hotel and airline payments through our integrations with major travel search and reservation platforms
- Process efficiency through back office automation – easy, instant invoice tracking and auto-reconciliation with enhanced data help reduce administration and overhead in accounts payable