Download the Presentation - Silicon Valley Bank
Download the Presentation - Silicon Valley Bank
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<strong>Silicon</strong> <strong>Valley</strong> <strong>Bank</strong> Virtual Card - Overview<br />
Virtual Card Numbers (VCNs)<br />
Unique, non-plastic account numbers used for secure purchasing<br />
Increased transaction-level control<br />
Defined Authorization Controls for Each VCN<br />
Number of transactions (single-or multi-use)<br />
Transaction amount limit (exact, maximum, or<br />
min-max range)<br />
Validity period<br />
Suppliers and merchant category codes<br />
Enhanced Client-Supplied Data<br />
Capture up to 30 client-specified data<br />
elements with each VCN for enriched data<br />
analysis, reconciliation, and allocation<br />
Two Interface Options<br />
Request website with customizable approval<br />
workflows (Purchase Control)<br />
Batch file interface (transAct Gateway aka:<br />
tAG)<br />
Secure VCN delivery to Suppliers<br />
Sent via encrypted email to suppliers<br />
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