Expense management provider Certify launched new functionality on Tuesday
that automatically calculates the complex U.S. General Services Administration's per-diem rates. Those rates represent the maximum allowances for federal employees and contractors and are based on dates, destinations, meal combinations, incidental expenses, travel days and other considerations.
American Express and hotel solutions firm HRS partnered to provide European clients in 20 European countries an integrated virtual credit card solution,
the companies announced Tuesday. The service enables clients to create a vPayment account to automatically generate a single-use virtual card number with a specific amount, expiration date and merchant for hotel stays. It’s available in Bulgaria, Cyprus, Denmark, Estonia, Greece, Latvia, Lithuania, Malta, Portugal, Romania, Slovakia, Slovenia and the eight European countries
where vPayment already was available.
Coupa launched an optional feature within its app on Thursday that uses a smartphone’s GPS to track expenses.
SmarterTrip allows Coupa to monitor a traveler’s mileage and create an expense item. It also recognizes a traveler’s location and, if it doesn’t detect a corporate card purchase, prompts the user to record a business expense. “Coupa wants people to be aware of their spending as it happens. This helps folks keep a better tab on what they’re expensing every day to make sure they’re staying in line with corporate policies,” a spokesperson told BTN
in an email. This feature follows Coupa's March launch of voice capture
Google will make Android Pay available for use with American Express, Discover, MasterCard and Visa corporate cards “later in the year,"
a Google spokesperson confirmed to BTN
. The mobile-payment platform is compatible with AT&T, T-Mobile and Verizon, as well as nine banks, including Bank of America, Chase, Citi and U.S. Bank. It can work at any of the 700,000 near-field communication terminals in the United States, but Google has signed on just 20 retailers and 20 Android applications. It will add more “every day,” according to Google’s blog. To use Android Pay, users unlock their phones and tap them on the terminals. Once Android Pay launches, Google Wallet, which additionally requires a user to open an app and enter a pin code, will relaunch as a peer-to-peer payment app. Google Wallet is the only mobile wallet compatible
with corporate cards, though Bank of America in May said it could enable
Apple Pay for corporate card clients as early as this year.
Corporate payments provider Wex has expanded its virtual payments offering to 11 currencies for European customers,
according to the company. Issuance and settlement had been available only in euros, U.S. dollars and British pounds, but Wex added the currencies of Australia, Denmark, New Zealand, Norway, Poland, South Africa, Sweden and Switzerland. Wex Europe managing director Myles Stephenson said the ability to pay with a local currency "eliminates the risks of currency fluctuation, improves reconciliation in local currencies to ensure no variances and makes any card network charges fully transparent."