If your business relies upon empowering your people to make purchases when you’re not around to manage them, you should consider obtaining business prepaid debit cards for employees. If your drivers are on the road or your salespeople are in the field, they may need to purchase fuel, supplies, or even meals. You will have a tool to allow your employees to make the right purchases but not the wrong ones. With employee business debit cards, you can enable your staff to work efficiently while maintaining control over the way they spend your company’s money.
Because business prepaid debit cards for employees may prove very useful to companies that employ drivers, Fleet Owner Magazine highlighted some features of these cards that will explain how they work:
Why use business debit cards for employees?
One of the strongest features of business prepaid debit cards for employees is that you can easily establish rules for how they are to be used. For instance, you might allow your company’s drivers to use their cards to buy gas or service the vehicle; however, you may exclude other kinds of retailers.
Certainly, you can communicate your expense rules to each person who receives business debit cards for employees. At the same time, you don’t have to rely upon every employee to completely remember or follow your expense policies. You can set rules within the app for the acceptable uses of business prepaid debit cards for employees. If the employee attempts to make a purchase where you don’t allow him to, the purchase will get declined.
In addition, the system will notify when a merchant declines the card. This gives you the chance to prevent unauthorized use of your business prepaid debit cards for employees before it ever happens. It’s up to you to decide if you should penalize or counsel your employee about future purchases.
If you are going to trust any company to provide you with business cards, consider Bento for Business. Bento can provide you with a debit MasterCard that can be used for purchases almost anywhere. This highly rated company has been reviewed on Trustpilot by dozens of customers, so you can learn about other business owners’ experiences with them. Get started right away by requesting a live demo or by signing up for a free, no-obligation live trial.
Applying does NOT affect your credit score!*This is not a credit card.
Banking services provided by The Bancorp Bank, Member FDIC. This Card is issued by The Bancorp Bank pursuant to a license from Visa U.S.A Inc. and may be used everywhere Visa® debit cards are accepted.