Streamline the payment and reconciliation process with specific controls for transactions.

Enhanced Spend Control And Less Administration


vPayment is a virtual solution that allows you to generate single-use account numbers that facilitate secure and efficient payment for goods and services.It provides you with granular control of your expenses, reduces paperwork and errors, enhances security and offers an opportunity for online spend analysis.

How it works



Virtual Account Number Creation


A virtual account number is assigned to each transaction and provided to the supplier. Your company can set a specific amount, usage date range, and enter key expense details that will be associated to this payment.


Payment Verification


The supplier charges the vPayment virtual account number and charges are verified against the pre-authorised controls set by your company.


Expense Reconciliation


Transaction data is matched to your company’s predefined expense details and consolidated into a single data file for reconciliation.

Features & Benefits


Transaction level Control and Authorisation

vPayment provides enhanced control of all spend down to exact amounts and dates, with your own unique references and buyer-specified references - making reconciliation problems and errors a thing of the past.


  • Help protect against out-of-policy spend and fraud with customised, pre-set purchasing controls.
  • Set and maintain spending limits by transaction by month, or by set temporary limits.
  • Implement spending limits at the corporate account or Cardmember level.

Improve Purchase Reconciliation


Online analysis and expense reporting tools offer managers and procurement teams account visibility, enabling effective management of your programme.


  • Compare real purchase data with contractual pricing by part number and unit price.
  • Cross reference discrepancies within an order to match to online order systems.
  • Monitor internal requirements for capital purchases.
  • Access required tax reporting detail.

Easily Accepted Globally


vPayment works with any supplier that accepts American Express Cards so you’ll be able to use it with a global network of suppliers. American Express also provides dedicated supplier enrollment teams to further aid in helping your key suppliers accept American Express Cards.


Increase Efficiency



vPayment helps save you time while it handles the transactions. By capturing accounting data for each transaction, it reduces manual data entry or data tracking, making reconciliation easier. vPayment also improves your accounting information for later reporting or analysis by integrating any additional supplier-provided data.