VISA Prepaid for Business
Why The PEX Visa® Prepaid Card for business is a great product to manage your company’s day-to-day expenses
As small businesses look to lower costs and improve productivity, the PEX Visa Prepaid for Business Card is a simple solution to implement. Paying closer attention to your budget and adhering to the budgets you set for each individual employee or project can be a key to success in your business. The PEX Visa Prepaid for Business Card provides the tools to allow you and/or your administrative team to track, control and monitor expenses with a set of easy-to-use online tools.
Often companies have an employee who is assigned to own and constantly monitor company spending against a budget – perhaps in the finance, accounting or administrative departments. Sometimes it is the business owner themselves. Either way, the PEX Visa Prepaid for Business Card provides an ideal solution to help that individual monitor and track expenditures vs. budget, as well as analyze trends. Purchases made for the company are all consolidated on the PEX Visa Prepaid for Business website.
Another efficiency improvement can come from the time savings through using the PEX Visa Prepaid for Business Card. When companies use the service, they no longer need to reimburse staff members though an expense report submission process. They also do not need to deal with the logistics of getting money to employees out on the road for all unexpected expenses (such as a truck or auto breakdown).
How the monitoring and budget process can work with the PEX Visa Prepaid for Business Card:
Small business owners or administrators are able to use administrative tools to set and adjust spending limits in real time online. Each card has an individual balance or budget you designate. Card funds and overall Company account funds are segregated to ensure that spending does not go outside the authorized amounts.
A transaction list can be easily accessed online to review individual cardholder spending. When a card is used, the transaction appears in the transaction list immediately to provide accurate balance and cash position.
Transactions are organized by month. At the end of each month you can review budget variances by individual cardholder and know exactly how much they have spent – up to the minute.
10 Reasons why PEX Business Prepaid Card is ideal for your business
|Charge Card||Credit Card|
|Instant funds disbursement to employee cards||yes|
|Employee spend control||yes|
|Protecting your business & personal credit||yes|
|Straightforward predictable pricing||yes|
|Guaranteed Approval upon successful business verification||yes|
|No pre-set spending limit||yes||yes|
|Can be used wherever Visa debit cards are accepted worldwide||yes||yes||yes|
|Personalized embossed cards||yes||yes||yes|
PEX business prepaid credit card is the perfect alternative to traditional business cards:
- Instantly fund Visa employee cards from your computer or mobile device.
- Gain 24/7 control over business expenses with all employees purchases.
- Save money – no interest charges or overdraft fees. View up-front pricing.
- Learn more about PEX Mobile.