PEX Card (IFA booth 658) is at the IFA Annual Convention (#IFA2013) to introduce prepaid corporate cards and the benefits delivered for better management of the “L” side of a company’s P&L statements. The PEX Card solution puts a new face on expense management, improving cash flow and broadening the definition of the corporate card category.
What is PEX Card? PEX Card is a prepaid debit corporate card service linking robust control tools to Visa prepaid cards that companies issue to staff for gas, job materials, travel and equipment purchases. PEX Card helps companies save time, money and create efficiencies around budget management. Real time card funding makes it simple to distribute money to employees on an as-needed basis while merchant limits prevent spending in unauthorized locations (e.g. YES for gas; NO for restaurants). Companies in a broad range of industries and employee sizes, located in all 50 states, use PEX Card to control employee spending.
In a world where credit is tight, banks require personal guarantees for credit cards and things like cash advances are arcane, PEX Card is making business easier for companies that use business prepaid cards. Visit us at booth #658 and see how your company can fund employees in 12 seconds.
Toffer Grant is PEX's Founder and CEO. He founded PEX in 2006 as a prepaid card solution for small businesses. His background in the prepaid industry began at Clarity Payment Solutions, where he initiated 65 prepaid card programs in consumer, corporate, and emerging verticals of the prepaid card industry.