Prepaid cards have been steadily gaining in popularity. They have become the preferred corporate cards of many companies due to their ease of use and flexibility. PEX
combines these benefits with an online administrative toolset that gives a company complete control over who has cards and how much they can spend. When you choose PEX for your business, here’s what you can expect:
- Quick Start Up – The approval process for PEX takes about 3 business days and individual cards arrive in 7-10 business days - faster if they are expedited.
- Real Time Money Management – Money can be added to cards immediately and transactions appear as soon as they’re completed. Likewise, money can be taken away or cards can be blocked just as quickly.
- Low Fees and No Interest – One great benefit of a prepaid card is that you will never be caught by surprise with extra costs. You won’t pay interest, like you might with a credit card, and you will won’t encounter overdraft fees, like you might with a debit card.
For more information, visit our Corporate Prepaid Card FAQ
and view our 5 minute demo to see how the administrative websites can provide you with the controls you may need for your business. 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.