U.S. Bank is to offer Visa Payment Controls, which gives small business owners control over how, when and where their employees’ business credit cards are used.
“Visa Payment Controls lets small business owners spend more time focused on their business and less time worrying about how their business credit cards are being used by their employees,” said Cathi Stanton, senior vice president for U.S. Bank Retail Payment Solutions. “Combined with U.S. Bank’s exclusive and free FlexControl options and ScoreBoard reporting tool, we’re offering small businesses powerful applications to help them control and track business credit card spending, while also cutting down on administrative work.”
“With Visa Payment Controls, business owners can replace inefficient and costly cash and check systems with secure, reliable and convenient employee credit cards and automatically take greater control over employee spending.” Stanton added.
Visa Payment Controls lets small business owners manage how employees can use their cards based on:
- Time of day or day of week
- Geographical area
- Certain merchant types
- Dollar amount
- Transaction types (cash advances or cash withdrawals)
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