A word that is used quite frequently in the financial community is “visibility."  It has often been attributed to the ability for publicly traded companies to provide guidance on their future business performance.  But more importantly, visibility is critical for small and mid-sized businesses to accurately and quickly assess their cash flow position and determine in a timely manner how, where and when their cash is being expended.

What we are hearing at PEX Card:
A number of our clients using the PEX Card Service have typically relied upon traditional  business company credit cards for employee business expenses.  However, too frequently the business owner is surprised at some of the expenses their employees had charged when the bill finally arrives weeks after the spending occurs.  By using the PEX Card Service, our clients now can better manage employee expenses and cash flow with the unique benefits of a prepaid debit card and the associated real-time monitoring, tracking and reporting capabilities.

We are thrilled with the feedback we have received.  As more small business owners recognize that there is a terrific alternative to credit cards, one that is a reloadable prepaid debit card that can save their company's time and money, they have come to appreciate the expense management solutions built in to PEX Card.

Listen to the testimonials from a sampling of our satisfied clients. Click here.

Improve your visibility. Take a look and see for yourself.

Labels: Credit, expense management, General Info, reloadable prepaid debit cards

With so many types of card services out there its easy to mix up terminology.  People call us asking about our business credit cards knowing full well that we don't issue credit cards or extend a line of credit to anyone.  The word "credit" has become so synonymous with "card" that people often just say that as a universal term.  Out in the field its really only clarified at the point of sale when the checkout person asks: "credit or debit?"

There are personal and small business credit cards, personal and business debit cards, corporate cards, and prepaid cards... so many names and so many types of services.  Each have at least two things common - there is a physical card linked to an account of some kind (credit or checking/savings) and most have a brand named payment network attached to them.

So what kind does the PEX Card Service use?


We use Visa prepaid debit cards as the access point to cash deposits companies create in our system.  There is no credit line or bank account attached to cards - just an electronic account to park funds until employees need to spend for expense items.

Labels: General Info