THE NEWS: American Express announced on Thursday, Aug. 13, that U.S. corporate customers can now create, manage and use American Express Virtual Cards through its @ Work platform.
DETAILS:
WHY IT MATTERS: The new virtual‑card capability gives U.S. corporates tighter spend controls, enhanced fraud protection and a streamlined expense‑management workflow, supporting the broader shift toward digital payment solutions in business travel and supplier payments.
FAQ
When did American Express announce the new virtual‑card offering for U.S. corporate customers?
American Express announced the availability on Thursday, Aug. 13, via a press release that detailed the new virtual‑card functionality for U.S. corporate clients.
Through which platform can U.S. corporate customers create and manage the new American Express Virtual Cards?
U.S. corporate customers can create, manage and use the new virtual cards through American Express’s @ Work platform, which integrates with existing corporate card programs.
What controls can be set on the new American Express Virtual Cards?
The cards allow configuration of spending limits, usage timeframes, and country‑ and merchant‑specific restrictions, and they can be managed without leaving the @ Work system, providing firms with granular spend oversight.
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