prepaid cards

Prepaid Cards for Business: Why They Work for SMEs

Credit control and audit trails are not just the province of large corporates. In fact, a lot of the success of rapidly-growing SMEs is derived through efficient control and management of information systems. So how do prepaid cards work? Where do prepaid cards for small business come in? There are a number of ways- here are some ideas: Cash floats for sales and field based staff The problem here is that historically, staff have had to use their money for fuel, per diem expenses and travel, or you have to give a cash advance. Businesses, big and small, are often reluctant to provide credit cards as incidents of misuse can be costly and time consuming. With a prepaid card you can set a limit on the financial exposure (this is the amount you load on the card), reporting on expenditure can be... »