You might wonder if there’s still a place for physical company payment cards, especially as digital wallets and tap-to-pay technology continue to surge in popularity. The answer is a resounding yes! While virtual cards offer undeniable convenience, company payment cards in their plastic form come with unique benefits that can’t be ignored.
Essential Uses for Physical Cards
The versatility of plastic cards extends across various use cases, making them indispensable tools for businesses of all sizes. Beyond security and control, physical company cards offer functionalities virtual cards can’t replicate:
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CaaS FinTechs: A Game-Changer for Company Cards
Now, let’s differentiate company payment cards issued by CaaS (Card-as-a-Service) fintech companies from traditional bank-issued cards. Nqoodlet, for example, offers a more streamlined and cost-effective approach. Here’s what sets it apart:
The Ideal Duo: Physical and Virtual Cards Working Together
For a well-rounded approach to business payments, consider combining physical and virtual cards. Physical cards offer continued utility at traditional vendors, while virtual cards provide unmatched convenience and security for online transactions and recurring expenses. This strategic mix empowers businesses to navigate diverse payment situations with optimal control and efficiency.
CaaS fintech platforms, like Nqoodlet, empower companies to create a dynamic payment ecosystem that caters to their unique needs. With the right tools and strategies, businesses can ensure efficient and secure spending for their teams, regardless of their location or transaction type.