A virtual payment is a digital payment that doesn't require a physical credit or debit card. Virtual payments are often made via smartphone or other device.
An Airplus payment is a virtual payment optimised for corporate travel. It's as easy to use as a credit card and it also provides flexibility, transparency and security.
Business travel expenses, also known as corporate travel expenses, are anything purchased by an employee for business travel purposes. For example flights, train tickets, hotels and public transportation.
The best way to manage business travel expenses is to use a system that captures all expenses and bookings in one place. An expense tracking management system centralises all your costs and helps you keep track of your travellers' outgoings.
Your business travel expenses usually involve four main costs: flights, accomodation, ground transport and food. There may also be incidental expenses such as parking fees. A good way to estimate these is to look at how much previous business trips have cost. By looking at past spending, you can identify how much you’re likely to spend on your next trip.