Faster, More Secure Supplier Payments with Virtual Card
Simplify reconciliation, and generate financial return from payments you already make.
Use virtual card alongside existing payment methods to streamline execution, strengthen security, and simplify reconciliation with invoice-level visibility.
- Use virtual card where it fits your payment strategy to reduce delays and manual follow-ups
- Replace checks and stored bank details with single-use virtual cards to help reduce fraud risk
- Simplify reconciliation with invoice-level detail that reduces effort at month-end
Earn rebates on eligible spend to help offset AP costs.
Virtual card works best when used strategically
Turn insights into action and make every payment more effective.
Virtual card delivers the most value when used alongside existing payment methods. MineralTree’s payment optimization and supplier enrollment services help prioritize spend for maximum impact.
You approve, MineralTree handles the rest
From payment analysis to supplier enrollment, virtual card adds value without adding day-to-day work.
Step 1: Analyze your payment mix
MineralTree reviews your current payments to uncover delays, risks, and cost-saving opportunities.
Step 2: Identify where virtual card fits
MineralTree pinpoints suppliers and payments that are a strong match for virtual card.
Step 3: Enroll suppliers the right way
MineralTree engages approved suppliers through coordinated outreach to support adoption, based on your direction, without forcing change or causing friction.
Virtual cards combine security, speed, and financial return
They help reduce fraud risk, improve supplier relationships, and generate incremental revenue from their AP processes.
Virtual cards strengthen fraud protection, tighten controls, and reduce exposure. (Source: J.P. Morgan, 2025)
94% of companies say virtual cards are faster, more efficient, and more secure (Source: J.P. Morgan, 2025)
Virtual cards generate rebates on everyday spend while streamlining operations. (Source: J.P. Morgan, 2025)
Want to see if virtual card is right for you? Let’s review your payment mix and see where virtual card can add value.
FAQs about virtual card
How is a payment optimization analysis helpful?
Payment optimization shows which suppliers and payments benefit most from virtual card. Real data helps improve timing, control, security, and reconciliation, while guiding payment strategy.
How do I get my supplier(s) to accept virtual card?
Many suppliers already accept virtual card. We partner with you to identify the right fit and handle outreach to suppliers you approve, keeping your team in control with no extra work.
How predictable is virtual card payment timing?
Virtual card payments follow a consistent schedule. Payments approved by 7pm Eastern are typically delivered the same day, while later approvals are delivered the next business day.
How secure are virtual card payments compared to ACH or check?
Virtual card payments use single-use, tokenized card numbers tied to a specific supplier, amount, and timeframe, which helps reduce the risk of fraud and unauthorized reuse.
Unlike checks or ACH, which rely on stored account and routing details that can be reused if compromised, virtual cards limit exposure by design. Virtual card adds an additional layer of control for payments where reducing exposure is a priority.
Do suppliers prefer virtual card?
Suppliers that prioritize faster, more predictable payment and easier reconciliation often prefer virtual card. Digital payments with invoice-level remittance reduce follow-ups and fit existing card workflows.
Not every supplier prefers the same payment method, which is why virtual card is used where it makes sense. MineralTree helps identify the right opportunities and supports adoption based on your payment strategy.
What are the financial benefits of virtual card payments?
Virtual card payments have no per-transaction fees and earn cash rebates on approved spend. Financial return grows as adoption expands, helping offset AP costs and improve payment efficiency.