Prepaid Business Credit Card

Why the PEX prepaid business credit card is a perfect fit for your small or mid-size business

The PEX prepaid business credit card is ideal for small businesses, particularly small businesses with high employee spending. This can be typical in organizations with sales people out in the field or employees completing their projects or tasks on the road – for example, contractors needing to purchase supplies or stay overnight at hotels, or drivers in logistics/transportation industries needing to purchase fuel or meals. The process of managing employee expenditures and reimbursements can be time consuming and costly.

Here are some of the features that businesses find most useful when they sign up for The PEX prepaid business credit card:

PEX provides a solution that removes cumbersome paperwork and increases staff productivity. Since purchases are transacted on Visa cards in pre-budgeted amounts, there is no longer a need for an expense voucher and reimbursement process – since employees spend just want they are allotted on the prepaid cards on a daily, weekly, or monthly basis. Their budget for spending is preapproved and they access company funds in a planned manner. Plus, neither the employee nor the accounting or finance staff need waste time processing the paperwork and receipts associated with a reimbursement process.

The PEX prepaid business credit card also allows small businesses to limit the spending of employees. Rather than giving out cash and hoping to get appropriate change back or asking employees to use their own judgment when it comes to spending (and then reimbursing them for whatever they spend), with PEX’s real time funding, you can get funds to employees in the exact amount they need – no more, no less, at any time they need it, 24/7.

In addition, the PEX prepaid business credit card allows business owners to limit employee spending by category – for example, only Travel/Transportation, which would allow an individual employee to use their card for hotels, rental car agencies, tolls, buses, railroads, taxis and airlines. All of this is done via the PEX prepaid business credit card Administrative website in real time and can be tailored to individual employees’ job functions and requirements at the time.

PEX business prepaid credit card is the perfect alternative to traditional business cards:

• Instantly fund employee purchases
• Gain 24/7 control over where and how much employees spend
• Save money – no surprise interest charges or overdraft fees. Click here for up front pricing.

5 Minute Demo

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