Our Top Virtual Card Provider Company in USA

One of the apparent benefits of the virtual card is pretty clear — it’s virtual — and, therefore, it’s highly secure, which protects the business that issues the payment. because the Payer, you predetermine the quantity paid. As another benefit, virtual cards are widely accepted by many vendors and suppliers that accept card payments. Each prepaid virtual card solution delivers on the promise to simplify and streamline payment and purchasing, thanks to user-friendly features that include:

• Virtual cards with spending rules
• Mobile receipt captures and reminders
• Role-based permissions and approval flows
• Automatic expense categorizations
• World-class fraud protection
• Real-time insights and reports
• Instantaneous funding requests and approval

Virtual cards have been around for some time now and we continue to see exponential growth as businesses (large and small) discover the benefits. The number of companies making the move to virtual cards for payment processing is only increasing. Harnessing benefits of our prepaid virtual card service provider company in USA will in turn result in eliminating risk of human-error with a streamlined account payable process. Here are 6 great reasons your company should look into using virtual card payments.

1. Streamline Accounts Payable Process

Using virtual credit cards can replace outdated and cumbersome paper checks and therefore the associated manual-process inefficiencies. With single-issue virtual-cards, accounts payable departments can focus less on processing payments and more on financial responsibilities. No more writing checks, stuffing checks in envelopes, and metering envelopes.

2. Reduce Costs

Costs related to check payments are for supplies like check stock, MICR toner, envelopes, and postage. Then there are the soft costs of the time and labor required to urge them folded, stuffed, and posted to the mail. With the proper payment automation software, you’ll eliminate most of your check payments by migrating some to V-cards et al. to ACH as a back-up ePayment method.

3. Increase Security

Virtual cards provide far more security than physical credit cards. V-Cards allow you to pre-set the particular payment amount and tie that payment to the invoices you’re paying. The 16-digit card number is exclusive for every payment and is for single use only.

4. Reduce Internal Costs

Companies gain more control with single-issue virtual cards. Each virtual card is issued to a selected vendor or supplier for certain amount. With this easy-to-use payment alternative, purchases get automatically entered into the supplier assets management system without additional paperwork or manual re-keying when the proper virtual card program is employed.

5. Manage Cash Flow

It’s often challenging to manage income and therefore the monetary requirements of a business. Easy, instant reconciliation facilitates improved reporting on cashed virtual cards for internal transparency. This process makes the whole department more efficient because you not require a separate A/P analyst to account for the various payment types.

Let us help your business

In today’s economic climate, businesses got to evolve by using technology which will contribute to their success. Simply choosing the professional and experienced virtual card provider company in USA like ours can enable that success. Join our prepaid virtual card service provider company in USA, reducing costs, and improving security. you’ll do all of that, plus save paper, time, money, and supply added security for your payments by migrating to V-Cards. For more information, visit our website: https://digitalewalletcrypto.com/virtual-card-services Our experts are available 5 days a week: info@digitalewalletcrypto.com