Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Conferma significantly reduces the costs of recurring business purchases

With the launch of Conferma WALLET

Conferma WALLET is Conferma’s answer to digitizing recurring and regular business payments at a much lower cost.

This is the latest innovation to come from leading global FinTech company, Conferma, following the launch of Conferma Pay this month, a world-first in virtual payments.

Virtual wallets serve multiple functions and can have various meanings in today’s fast moving environment. Conferma WALLET is a closed loop payment solution that stores prepaid funds to allow for real time transactions, automatic updates and reconciliation to build greater efficiencies in all aspects of business.

Conferma WALLET gives users the ability to pay for numerous business expenses including; travel, insurance, subscriptions, stationery and more at a much lower cost and with greater efficiencies.

Simon Barker, CEO and Founder of Conferma said: “Virtual payments are fast approaching a tipping point due to the accelerated growth over the past year, creating a need for both individuals and businesses.”

“As a prepaid payment service, Conferma WALLET enables businesses of any kind to deposit an amount of funds with their preferred merchant and subsequently avoid the cost of credit card interchange altogether. Therefore, on each business transaction no individual merchant costs are incurred equating to big savings. “

Barker added: “Virtual payments are becoming increasingly popular for higher-frequency purchases due to sophisticated integration that allows for heightened security and data enrichment, strengthening supplier relationships and building mutual value.”

Conferma has now become a world leader in deep virtual payment integration and will launch ConfermaWALLET internationally throughout the 197 countries in which it operates.