graspPAY: Simplifying Virtual Payments for Corporate Travel Teams, TMCs and Their Clients
graspPAY
Automate, generate, and apply single-use virtual card payments within the booking process.
graspPAY simplifies virtual Card management by automating issuance and integrating with your workflow and booking tools. It enhances efficiency, secures payments, and saves time, eliminating the need for manual processes.
-
Touchless for Travel Teams
The solution requires no intervention on the agent or manager’s part, and the automation and integration works instantly with booking tools.
-
Turnkey for Travelers
Because graspPAY works in the background as an addition to your current system, there is no change in the booking process for travelers. Therefore, there is no need to train your travelers on a new way to book flights or rooms.
-
No Hassle Setup
Grasp has designed the solution to ingeniously use existing syncs and open APIs, leaving you with no need for custom coding or programming in order to reap all of the rewards.
Featured Benefits of graspPAY
Non-Employee Travel
Easy management of travel payments for non-employees such as contractors or guests.
Fraud Protection
Greatly reduce the risk of fraud by limiting the exposure of sensitive payment information.
100% Reconciliation
Comprehensive reconciliation of travel payments, ensuring that all transactions are accurately tracked and matched.
No Hassle Setup
Uses existing syncs and open APIs, leaving you with no need for custom coding or programming.
How Does graspPAY Work?
The entire graspPAY process consists of 6 steps:
Traveler contacts the TMC or books through the online booking tool for an air, hotel, and/or car reservation.
graspPAY requests the virtual card and sends it to the point of sale.
The virtual card is sent to the supplier as payment.
The payment is processed and the booking is paid along with an automated communication to the supplier. An email copy and details can be sent to the traveler.
The supplier charges the card and is paid through the existing payment gateway.
All of the transactional data is available for reporting and reconciliation in the GraspPAY Business Intelligence Portal. Additionally, data can be combined with any other data types a client has such as TMC back office, GDS, Expense, Credit Card, HR, and more!
How does graspPAY work?
graspPAY Ecosystem and Partners
Blog: Travel Smarter with Virtual Payments
