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Payment cards for business

  • Business people like no other know: time is money. A payment card allows you not to waste precious minutes on visits to the bank and executing payment orders. It tells what it is, where it can be issued, and how to use it.

     

    What is a debit card for business?

     

    It is an ordinary plastic card issued for an individual entrepreneur or organization and attached to a definite account. With its help, it is easy to pay daily expenses, withdraw money from ATMs or replenish an account.

     

    The tool is suitable for any business - a car service center, a cosmetology office, or a furniture manufacturing company. An organization can issue debit and credit business cards. Debit ones allow you to use your own money in the company's account. Business credit cards allow you to pay for purchases and make transfers within an available limit.

     

    A distinction is also made between named and unnamed cards. Regardless of whether the holder's name is on the plastic, only the owner can use the product. It is prohibited to transfer the card to third parties. 

     

     How to issue

     

     To issue a payment card for business, contact the organization where you plan to do it. To save time, apply for the release from the portal page.

     

     To do this, go to https://wallester.com and choose the appropriate option. Important: When selecting a product, be guided by the rates. You can issue cards for several people at once. Then the company's accountant, secretary, and employees who often go on business trips can also use the funds. Set limits on each card to avoid unnecessary spending and keep within the budget. Then the holder will be able to spend up to a certain limit. The transaction history in your cabinet will allow you to keep track of your spending.

     

    Using a corporate card 

     

    The corporate card allows:

    1.       Pay for everyday expenses. You can purchase goods and materials, pay for counterparty services and rent, etc.
    2.       Pay for business trips and entertainment expenses - air tickets, hotel accommodation, gasoline, and restaurant business meetings.
    3.       Pay taxes, contributions, and fines to the budget.

    Withdrawing cash from ATMs and terminals saves entrepreneurs time. And the commission in such cases is often lower than in the bank's cash register. You are bringing the proceeds to the account through an ATM. Self-cashing saves money on cash collection services.

     

    A payment card is a convenient financial instrument that allows you to reduce time costs and simplify tracking company expenses. It is more convenient and safer than making cash payments. The variety of cards offered by banks allows you to choose the right product by the peculiarities of the business and the size of the turnover.