Less time on paperwork. More time for growth.
Introducing the virtual payment solution that simplifies the supplier payments process so you can spend more time on your business.
American Express vPayment uses Virtual Account Numbers as a secure payment solution for each transaction. Programme Administrators can set payment amounts, date ranges and transaction details to help improve control and streamline reconciliation processes.
Set spending parameters to help keep your spending within budget and make sure your money is being used the right way.
Use multiple controls and verification features to help ensure compliance while dynamic virtual account numbers help reduce the risk of fraud.
Easily track, match and allocate spend and use enhanced data to help streamline back-office reconciliation processes.
Reinforce strategic relationships by making it easier to recognise and reconcile payments they receive from your business.
Choose from up to 20 customisable fields such as cost centre, job code, requisition number, event number and project code.
The American Express @ Work® platform enables you to generate a single-use or multi-use Virtual Account Number for the transaction.
The supplier charges your American Express vPayment Account.
The virtual payment processing platform verifies the transaction. If all the parameters are met, the transaction is approved and the payment is initiated.
Fill out the form to request a call back from a Specialist or reach out to us at 0800 085 7725, Monday to Friday, 9am-5pm.
Sign up for an American Express® Corporate Card programme to open up a world of perks, tools and opportunities.
American Express vPayment is a virtual payment product that assigns a single-use or multi-use Virtual Account Number to each transaction. Program Administrators can set payment amounts, date ranges and transaction details to help improve control and streamline reconciliation processes while also reducing paperwork, fraud risk, and billing errors.
After setting up your American Express vPayment Account, you and your finance staff can set controls and parameters for each transaction. The platform automatically generates a single- or multi-use Virtual Account Number. Because this number is a digital token and is not tied to any of your existing Corporate Card numbers, it can help reduce the risk of fraud. The Virtual Account Number is applied to each unique transaction and the system approves it if it falls within all the parameters.
vPayment is accepted at any merchant that accepts American Express. Additional set-up for the merchant is not required. Foreign exchange fees may apply.
Buyer Initiated Payments
Optimise your working capital and maintain control of your supplier payments.
Corporate Purchasing Card
Consolidate multiple employee expenses and process them as one easy payment.