A system built to save you time and money
Easily budget and allocate funds to employees
Allocates funds to cardholder
Determine specific expense needs
Set spending categories (e.g. Fuel)
Set a daily spending limit to avoid exceeding budgets
Set spending limits (e.g. $100 per day)
Employees gain access to necessary funds instantly
Only spend money where approved
Replenish automatically or by request
After deciding to try PEX, a representative of your company can complete the online application form.
Estimated application time:
It is important to keep your business running, so employee PEX Card orders are processed immediately. Your cards will arrive within 8-10 business days, either at your office or at the recipient's home address.
Estimated card issue time:
Once you authorize your bank to transfer funds, you can add funds to your PEX account at any time. Your money is safe - PEX accounts are FDIC insured through The Bancorp Bank; Member FDIC.
Estimated transfer time:
Manage your PEX admin account from any computer, tablet, or through the PEX mobile app. By pre-authorizing spending, you're free from micromanaging every purchase and can focus on your business.
With the PEX Visa® Prepaid Card, your staff never has to manage petty cash or wait for reimbursement. You don't have to worry about an employee spending more than approved.
Log on to your secure PEX admin account to view transaction details, download summary reports, manage cash flow to individual cards, and keep track of your balance.