Fintech & Ecommerce

Trust Payments Launches Virtual Cards for Travel Companies With Weavr

Trust Payments has introduced single-use Visa virtual cards for travel businesses that need to pay hotels, airlines, and other approved suppliers.

Trust Payments Launches Virtual Cards for Travel Companies With Weavr

The cards are issued in GBP and EUR and run on technology provided by embedded finance company Weavr.

The launch adds supplier payments to Trust Payments’ existing services for the travel sector. The company already processes payments from customers booking trips. Its new virtual cards cover the other side of those transactions: money travel firms send to suppliers.

The cards use Visa Commercial Choice Travel (VCCT), a product designed for automated supplier settlements and business travel payments. Each card is linked to a specific booking, allowing finance teams to match a supplier payment with the relevant reservation. This also gives them transaction details they can use when checking and reconciling their accounts.

Travel companies add funds to their accounts by bank transfer and pay suppliers from the available balance. The card details are valid for one transaction and cannot be used again. Trust Payments monitors payments in real time as an additional measure against fraud.

Some transactions may also qualify for rebates from Trust Payments. The amount depends on the card and the type of supplier. The service is open to eligible travel businesses in the UK and European Economic Area (EEA), provided they pass business verification and anti-money laundering checks.

Booking information attached to a card payment can be used as supporting evidence in a chargeback claim if a supplier does not deliver the service. The outcome still depends on card scheme rules, and the availability of this information does not guarantee that a claim will be successful.

Card issuance also differs by market. Weavr (Europe) Ltd issues the cards in the EEA, while B4B Payments handles issuance in the UK.

As reported by The Paypers, Trust Payments sees the cards as a way to give travel companies more control over outgoing payments. Group CEO Laurence Booth said that linking supplier transactions to bookings makes spending easier to track and reduces the need for manual reconciliation.

Alex Mifsud, CEO and co-founder of Weavr, said the partnership allows merchant acquirers to add virtual card payments to suppliers to their existing acquiring services without having to build the issuing technology themselves.

Supplier failures have been a source of losses for travel intermediaries. WEX said in its 2025 report that it had recovered close to $60 million through chargebacks for travel intermediaries following 14 airline failures since 2017.

Olesia Kramarenko
Olesia Kramarenko
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https://payspacemagazine.com/author/olesia/

Olesia Kramarenko is an editor with more than 10 years of experience in journalism. She writes about cryptocurrencies, fintech, and blockchain technology. So far, she has written over 2,000 analytical articles and educational materials. Her interest in cryptocurrencies and digital finance grew in 2016, and these topics have been an important part of her work ever since.