TERM |
DESCRIPTION |
CARD POOL NAME |
The name of the virtual card account. |
Visa Commercial Pay CONNECT |
This is a solution to communicate the virtual card bill back payment instruction to hotels via a secure email process. |
Visa Commercial Pay Online APP |
Visa Commercial Pay App is a mobile application that allows travelers to access their virtual credit card number (VCN) which has been allocated by Visa Commercial Pay Online to pay for corporate travel accommodation. |
Visa Commercial Pay Online |
Our web-based virtual card generating tool. |
CURRENT PERIOD |
The current period refers to the period of time since the last statement cut date but before the next statement period. This shows a preview of transactions that will be contained within the next statement period. The current period is updated daily as Visa receive transactional data from the card provider on a daily basis. |
CUSTOM DATA |
A data field captured during deployment creation. This can be customised to the client needs and is usually used to capture unique customer data such as cost centres, departments or account numbers. |
DEPLOYMENT |
A Deployment ID is generated for each virtual card that is created. All deployments are visible in Visa Commercial Pay Reporting regardless of whether the virtual card is charged. |
DEPLOYMENT STATUS |
Shows whether a deployment is active, cancelled, or pending. |
DOCUMENT |
A document is a file or image of the invoice/folio that has been provided by a supplier. Documents should be considered to be separate to invoices. Attaching a document to a transaction will not reconcile the transaction. |
INVOICE |
The invoice in Visa Commercial Pay Reporting refers to the manual breakdown of charges that has been input by a Visa Commercial Pay Reporting user within the tool. |
NARRATIVE |
The narrative is supplied by the merchant when the virtual card is charged. This is usually the supplier name and will match the narrative on your paper statements from your banking partner. |
OCR |
Optical Character Recognition. |
PNR LOCATOR |
In the airline and travel industries, a passenger name record (PNR) is a record in the database of a computer reservation system (CRS) that contains the itinerary for a passenger, or a group of passengers travelling together. |
RECONCILED |
A reconciled transaction is either: 1. A transaction that is linked to a deployment and has a linked invoice breakdown that matches the transaction value exactly. 2. A transaction marked as ‘invoice not required'. |
STATEMENT |
When transactions in the current period are cut then the transactions are moved from the current period into a statement. The statement in Visa Commercial Pay Reporting should match the statement with your banking provider. |
SUPPLIER NAME |
The name of the supplier that the virtual card has been provided to. This is taken from the deployment details. |
USE TYPE |
The expenditure type available on the deployment. This is determined by the type of card account. Available Use Types include: Hotel, Generic, Air, Rail and MultiType. |
VCN |
Virtual Card Number. |