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Evolving Payments in Corporate Travel by ACTE, Mastercard and the NAPCP

Monday, December 2, 2019   (0 Comments)
Posted by: Heather Miller

As a subject matter expert in corporate travel and payments, the NAPCP was asked to provide interpretation of a survey developed by the Association of Corporate Travel Executives (ACTE) in collaboration with Mastercard, and to consult on the resulting report, "Evolving Payments in Corporate Travel.

The global study conducted by ACTE found that when it comes to paying for corporate travel expenses, a majority of organisations (67 percent) continue to use corporate credit cards, with 60 percent saying they are very or extremely satisfied with them. Sixty-three percent say it is their preferred payment method. And while just 15 percent of organisations surveyed use virtual cards or single use accounts for business travel, another 28 percent plan to adopt them in the future.

Members & subscribers>>read more details in the Executive Summary.

Members>>access the full report here.

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