The complex process of serving customers, balancing corporate expenses, and delivering consistent payroll can be costly and resource intense for businesses.
The complex process of serving customers, balancing corporate expenses, and delivering consistent payroll can be costly and resource intense for businesses. With the UK alone predicted to become a cashless economy as early as 2026, developing other physical ways to manage and spend has become a top priority for many businesses across the globe.
At B4B payments, we specialise in providing tailored card services to help businesses achieve their payment goals by allowing complete customisation of branded, prepaid and virtual cards, incentives and rewards, and more.
Read on and discover how B4B Payments can help take your payments to the next level with our card services.
Corporate expenses solved
Keeping track of corporate expenses can be difficult for large-scale companies, whether you’re planning a corporate event or providing ongoing travel and work expenses for your employees.
At times, juggling your outgoings through multiple platforms can increase the chance of human error, and give birth to a variety of challenges that can impact your finances too. For example, missing out on opportunities to secure contracts for events, or even forcing your staff to temporarily cover their own expenses due to slow payments, or lack of processing resources, can be detrimental to your business, and even affect retention. To remedy these situations, B4B Payments offers corporate card and payment services, allowing clients to issue employees card and platform access to complete daily expenses across the globe.
B4B Payments hands you complete control through a streamlined, one-stop platform, allowing you the power to reload and deploy funds as you see fit to ensure that your executives are always covered for their travel and expenses. Our iOS and Android application lets employees track their expenditures and store photographic proof of purchase receipts at the click of a button.
What’s more, with built-in measurement and reporting capabilities, you have complete oversight over all outgoing expenditures and the power to identify leaking pipes within corporate expenses.
Branded, prepaid and virtual pay-out cards
Commercial card services are becoming increasingly beneficial in a cashless society, allowing customers and clients alike to make and receive payments instantly across the globe. At B4B Payments, we offer a variety of card solutions that tackle our client’s individual needs and the customers they may be serving.
Our virtual cards provide instant reimbursement or payment services, giving businesses the power to pay people overseas instantly, without the need for time-draining or unsecured delivery processes. Our prepaid cards are perfect for customers without established account information, particularly useful for retail cashback schemes, or helping charities and refugee communities in a cashless environment. But, of course, there are benefits for your business, too; with our branded cards, you can alleviate the stress of setting up regular or recurring payments and generating brand awareness through a customisable look and feel.
It’s easier than ever to deploy cards with B4B Payments through our unified platform, which gives your business complete control over the design, distribution, and loading. In addition, streamlining your card operations into one platform eliminates breaks in the process caused by multiple third-party communications and approvals, allowing you to create a method of payout or payment quickly and efficiently.
Rewards and incentives
Rewards and incentives are a time-tested tradition for retaining employees and customers, and maintaining partner relationships. While there is a place for gift-giving in smaller businesses and niche customer sets and industries, it’s hard to argue with the language of cash when it comes to the perfect reward or incentive.
For larger industries, using B4B Payments physical and virtual (closed and open loop) card services will eliminate the challenges of navigating sensitive areas of requirement like gender or religion for customers, employees and partners. Cardholders also get access to an easy-to-use application, which is downloadable on both iOS and Android devices, allowing them to view card balances, and keep track of their spends and rewards.
Using these services, your business can seamlessly offer customer acquisition and employee retention schemes through prepaid card bonuses, cashback offers, and bespoke partner reward programmes.
To wrap up
Whether you’re looking for corporate solutions or payment services for B2B, B2B2C or B2C clients, we’ve got you covered at B4B Payments. With over 15 years of experience in innovations in the payments space, and unique card services that cover all bases, we make sure that our clients are ahead of the games with fast and efficient transactions around the globe.
Strengthening your payment and payout solutions through card services has never been easier. Discover more about B4B Payments and the transparent, quick and effective card services that we provide contact us today!