A corporate card is good for any company that would like to provide its employees or customers with the opportunity to make payments. Corporate cards enable the business to set limits on employee/customer spending or to restrict spending to particular categories. Why would a business find this useful? Corporate cards can ensure safe spendings and transactions as a result of better control.
What are the other benefits of corporate cards?
Easy expense management: the expense management process is so much easier with the corporate card — you can easily conduct the expense report as all of the transaction records are available to you at any given time. This ensures a more accurate billing to clients.
Less fraud: improved credit card statements ensure accurate receipts of payments and chargebacks.
How to get a corporate card?
Check your credit score. Remove all negative signs from your business credit report.
Decide on the features. When getting a corporate card, you can choose the features that you would like to provide, such as rewards systems, multiple currencies, fees, etc. You can also determine whether you would like to provide a virtual or a plastic card.
Choose an issuer. Until recently, corporate cards were usually issued by large institutions. However, with the appearance of FinTechs and digital banking services, the choice of card issuers has expanded. Most often, FinTech companies, for example, like Crassula, offer a more affordable option of corporate card issuing. The cheaper option does not imply fewer possibilities: Crassula corporate card allows to issue and manage cards, process transactions in multiple currencies, set up fees and rewards, manage chargebacks and balances, as well as gives you an option to create a virtual or a physical card — everything that can also be available in more traditional solutions, but for fewer expenses.
The time when financial technology has been questioned by its validity has passed. Why increase your spendings if you can have a more forward-thinking solution for less?
Visit https://crassula.io/ to learn more about how we can help you.
Would you like to launch with Crassula? Please fill in the form https://forms.gle/8EJhgYTufrkFbP2M7
