Making the business case for virtual cards
One of the more flexible forms of electronic payments, virtual cards can provide a solid return on investment.
When considering a new virtual card program, it’s helpful to break down your options by investment cost, potential upside, risks, strategic value, and payback period.
The success of your virtual card program will depend on the self-service capabilities and flexibility of the platform you choose. Other key factors include the complexity of implementation, and partnerships and integrations with the card networks (e.g., Visa and Mastercard) and the issuing banks.
In this ebook, we examine the factors that make up the business case for virtual cards to help you determine whether a virtual card program is right for your business, and if so, how to justify the investment in time and resources.
