When making a request in Airbase, here are two things you must consider:
- Type of Payment that is most suitable for the expense.
- For Virtual Cards, the nature of the payment: Periodic or upfront.
Types of Payments.
There are three types of Payments available:
|Type of Payment||Description||Recommended for|
|Virtual Cards||A digitally generated card that is tied to one-Vendor.||Online services|
|Physical Cards||Corporate cards for offline transactions.||Retail locations|
|Bill Payments||Make payments by ACH or Check.||Large amounts. Certain Vendors insist on Bill Payments only.|
Type of Virtual Card Payments.
When you’re requesting for a Virtual Card, here are the two types of payment options that you can choose from: