Introducing: Corporate Prepaid Cards

Why am I looking at this?
Contractors at World of Concrete that work jobs out of town have employees who need the ability to operate and function while on the road.   This means they need a way to pay for job materials, supplies, hotels, gas…whatever you tell them to buy.  So, the question is – what is the efficient way to manage it?  We think the answer is PEX Card.
What is PEX Card?
PEX Card is a corporate prepaid card service for managing employee spending.  We link Visa® prepaid cards to an administration tool that can be accessed via website or apps installed on iPhones®, or Android™ phones such as the Samsung Galaxy II or tablets like the iPad® and the Galaxy Tab.
I would never issue a Visa card to my guys:
Actually, this is the one card you won’t have to worry about because:
(a) PEX Cards are business prepaid cards, so there are no credit worries,
(b) You can adjust how much cardholders can spend at any time, and
(c) You can put limits on where they use the card (YES for gas, NO for bars). 
How PEX Card works:
Funds are deposited into your PEX Card account and managed online like a virtual cash box.  Issue cards to employees through the admin portal.  Fund each card separately with the transfer tools in the service.  When Bob needs $60 to fill up the van, you login and put the money on his card.  When Steve needs $125 for materials at Home Depot, login and transfer funds to his card.  Any unspent money can be reversed and used for another cardholder later.
What are the costs associated with PEX Card?
If you use the code CONCRETE during enrollment – we’ll extend the trial period from 2 months to 6 months!  Click here for our up front pricing.

To learn more about PEX Card, watch our short video.
Need more information? Call to speak with a PEX rep: 877-249-3390.

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. 

Shot of two female coworkers having a discussion in modern office. Businesswomen in meeting using digital tablet and discussing business strategy. Confident business people working together in the office. Corporate business persons discussing new project and sharing ideas in the workplace. Successful businesswomen standing with their colleagues working in background.

Exciting Product Updates from PEX: Enhanced Reimbursements and More

A group of three multi-ethnic workers at a construction site wearing hard hats, safety glasses and reflective clothing, smiling and conversing. The main focus is on the mixed race African-American and Pacific Islander man in the middle. The other two construction workers, including the woman, are Hispanic.

See Where Your Construction Company’s Financial Processes Stand

Team of five multi-ethnic employee having fun working together in an open plan office with big windows.

Building Success at PEX: Teamwork, Customer Service, and Employee Care

Stay up to date on the latest PEX news!

Opinions, advice, services, or other information or content expressed or contributed here by customers, users, or others, are those of the respective author(s) or contributor(s) and do not necessarily state or reflect those of The Bancorp Bank, N.A. (“Bank”). Bank is not responsible for the accuracy of any content provided by author(s) or contributor(s).