Often a small nonprofit or a church will use a petty cash account to cover incidental expenses. While this can be an easy way to make funds available, it can also become an accounting nightmare if a number of people are using the cash and accurate receipts or records are not consistently kept. With a prepaid card, everyone can have access to cash in an easy, yet controlled away, with built-in accountability.
Bookkeeping
Travel
See how the PEX Platform and prepaid cards ensure compliant staff and volunteer spending.
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.
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