Sage has announced new mobile capabilities for the Sage Business Prepaid Visa Card, which allows businesses to instantly allocate funds to employees while managing employee spending based on company policies.
Using the Sage Business Prepaid Visa Card mobile application, businesses can place daily spending limits on cards and restrict card usage by merchant category. Administrators can also use the mobile app to set funding rules for each card as well as set zero balances and block cards. A real-time mobile dashboard provides functionality to view all card spending, replenish card funds and turn cards on or off. Additionally, cardholders can use the mobile app to view real-time card balances and previous transactions.
The Sage Business Prepaid Visa Card allows employers to control where money is spent and increases organizational efficiency through reduced paperwork, simplified administration and robust reporting tools. The card can be used everywhere Visa cards are accepted worldwide and enables businesses to send money to employees in real time through an administrative website or mobile app.
“Businesses need to be able to view and manage their expenses regardless of their physical location,” said Greg Hammermaster, president of Sage Payment Solutions, the payments division for Sage North America. “With that in mind, the Sage Business Prepaid Visa Card now includes mobile feature enhancements that allow employee cardholders to request funds and employers to appropriate funds while on the go. By integrating mobility with traditional plastic Visa cards, cardholders have visibility to their card balance and spending activity, and businesses have the visibility and controls required to more broadly distribute business cards to their employees and contractors for purchases.”
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