The transfer of funds from firms to ride-hailing companies continues to grow as the apps gain traction among North American business travelers.
Uber Technologies, Inc was the most frequently expensed vendor last quarter, according to a report by Certify, a software provider enabling companies to manage travel expenses. Uber receipts made up 12.72% of all corporate transactions among Certify customers.
On average, travelers spent $25.37 per Uber transaction.
- Bloomberg
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