B4B Payments provides smart and flexible payment processing solutions, which enable any size organisation to manage expenses, simplify payroll and offer employee rewards and incentives.
Initially recommended to B4B by a former supplier, Acacia is Africa, is a premier provider of diverse holiday experiences in Africa. They have partnered with B4B Payments and used their financial services for nearly a decade. Offering a range of tours, from professional camping overland adventures to small group safaris, Acacia Africa’s success story demonstrates the innovation of travel finances with Card and Payment Solutions.
Financial Flexibility and Risk Management:
The traditional challenges of tour guides carrying large sums of money were significantly mitigated by adopting B4B’s card and payment platform. This not only reduced operational risks but also enhanced accounting accuracy for Acacia Africa.
The expense cardsallow Acacia Africa to quickly distribute funds to tour leaders out on the road. The cards facilitate seamless access to cash through local ATMs, card transactions, and online payments. The B4B platform is particularly helpful in mitigating risk. Cards can both be loaded and unloaded instantaneously, providing certainty and safety to both tour guides and the funds.
In a recent incident, Acacia Africa withdrew funds from a card due to a tour leader’s unexpected illness. They quickly transferred the budget to the replacement leader.
Real-Time Monitoring and Control:
A pivotal aspect of Acacia Africa’s success with B4B Payments lies in the platform’s real-time monitoring capabilities. The ability to instantly track expenditures provides Acacia Africa with immediate insights into tour leaders’ spending. This newfound control eliminates the need to chase receipts weeks after a trip concludes, offering a more streamlined and accountable financial management process.
“It’s flexible, and it makes things far less risky. And it’s better for accounting because I can see when and where the money is spent, and that’s important,” Vivian McCarthy, the Director of Acacia Africa, says.
B4B’s Dedicated Account Management:
Acacia Africa also highlights the importance of having a dedicated account manager as a key component of successful partnerships with B4B Payments. The need for swift assistance, especially during critical situations. This collaboration aspect has proven crucial in ensuring effective communication and problem resolution. “Having a dedicated account manager who understands both the client and the client’s industry is a key value driver for B4B Payments,” says Tim Robson,B4B’sDirector of Accounts.
Conclusion:
Acacia Africa’s case exemplifies the transformative impact of B4B Payments on travel finances. The seamless integration of innovative payment solutions has not only addressed traditional challenges but has also positioned Acacia Africa for sustained success in the dynamic landscape of African tourism. The partnership is a testament to the importance of real-time financial management and dedicated account support in the travel industry.
Swedish startup Juni was listed as 2021’s fastest-growing fintech startup in Europe. With a goal of eliminating common challenges faced by e-commerce businesses, Juni provides a financial platform that gives them complete visibility and control over their cash flow with a unified view of multi-currency business accounts, corporate virtual cards and flexible credit with unparalleled insights and analytics – all in one place.
Since 2022, Juni has leveraged B4B Payments’ BIN sponsorshipservice to power its prepaid Mastercard card proposition and make it easy for businesses to keep track of their finances across multiple platforms. By partnering with B4B, they can ensure compliance, strengthen our presence in the UK, and enhance scalability. This collaboration reinforces our commitment to empowering FinTech innovators and established players alike, fostering a more inclusive and efficient financial landscape for SMEs.
B4B: Full digital payment solutions within one provider
B4B Payments stands out by providing a full range of financial services as a regulated Electronic Money Institution (EMI) in the UK and Lithuania. As a Principal Member of Mastercard Europe and a partner of VISA Inc in the USA.
Following Brexit, many pan-European fintechs that operate in the UK have been impacted by the change in regulation. Therefore, teaming up with Banking-as-a-Service(BaaS) providers, like B4B, ensures they can still provide the unwavering compliance, security, and quality service we pride ourselves on.
Strategic partnerships take businesses to the next level.
The partnership between Juni and B4B Payments is a significant step towards achieving our mission of empowering businesses with practical and secure financial management solutions. By leveraging B4B Payments’ licensed capabilities in the UK, they can navigate the complexities of the post-Brexit regulatory environment while maintaining the highest security and compliance standards for their valued customers.
Samir El-Sabini, Co-founder and CEO of Juni, highlighted the benefits of partnering with B4B.
“We have a long-standing partnership with B4B, primarily in the UK, that has enabled us to scale Juni and continue our fast-paced growth while, most importantly, giving our customers more value when using our platform. Through B4B, we’ve launched both new currencies and cards, and we’re looking forward to building out our offering in 2024.”
Paul Swinton, CEO of B4B Payments, also shared,
“We’re delighted that we supported bringing the Juni prepaid Mastercard to market at its early stage and to see our payment solutions leveraged innovatively to empower e-commerce and digital marketing entrepreneurs. As an established fintech firm ourselves, we’re excited to be part of Juni’s continued success, and we look forward to working closely with them to achieve their ambitious roadmap.”
Future: Power any idea to the global market:
Utilising BaaS, companies can seamlessly embed financial services from B4B’s Banking Stack and License, fostering innovation. This streamlined approach reduces operational costs, enhances the customer experience, and accelerates the development of the fragmented B2B FinTech Market. Startups can scale rapidly, delivering exceptional customer value and addressing underserved markets more effectively.
The partnership with Juni exemplifies B4B’s Bin Sponsorship, facilitating global growth post-Brexit, accelerating the development of the B2B FinTech market, and removing barriers and costs for unserved markets, allowing SMEs to grow quickly and at a low cost without compromising quality.
ICP Transaction Solutions GmbH, a prominent player in electronic transaction solutions in Europe, specialising in the prepaid, lifestyle, and loyalty sectors, has evolved into an internationally recognised company since its founding in 2000. With a transaction volume exceeding €1 billion, ICP serves various industries and is a founding member of the German Prepaid Association. ICP is a company of Digital Reload Holding GmbH and operates under the umbrella brand Digital Reload.
Partnering with B4B to support Tax-Free Benefits for employees
In 2019, recognising the potential of offering regional benefit cards/employee cards, ICP sought the expertise of B4B Payments. Lacking financial institution licenses, ICP collaborated with B4B to introduce personalised and geographically limited payout cards. B4B Payments guided ICP through compliance checks, set up accounts and clients in the portal, and managed the card ordering and shipping process. The partnership extended to top-notch customer service and effective partner management, allowing ICP to offer tax-free non-cash benefits to employees through branded payout cards.
The Innovation: Quick Response to Client Requests:
B4B’s diverse card types with customised designs cater to ICP’s clients’ needs. For example, one of ICP’s clients wanted the card to be eligible for a specific region in Germany to boost the local market. The B4B team developed bespoke postcode restrictions to fulfil this client’s particular request. ICP also successfully implemented a German portal via API mirroring B4B’s, further enhancing their value proposition and branding capabilities with clients.
Future Goals and Collaboration:
B4B successfully onboarded a new client in Bavaria with 3000 employee cards this year. Building on this, ICP plans to diversify its card offering, attract more clients, and use B4B’s expertise in different sectors to expand the partnership in Germany.
Alexandra Ruth, the Key Account Manager from ICP, says, “ICP highly recommends B4B Payments and acknowledges their professionalism, reliability, and product flexibility while maintaining high-security standards. We’re very happy with B4B’s account management support in helping us build the partnership, especially Tim and Zvez.”
In Summary:
The collaboration between ICP and B4B Payments has not only addressed a critical business need but has also paved the way for innovative employee benefit solutions, offering tax-free non-cash benefits seamlessly. This partnership proves to be a cornerstone for ICP’s growth and success in the electronic transaction landscape, highlighting the transformative impact of B4B’s payment solutions.
“I’m excited to be working with ICP,” says Tim Robson, B4B Account Director. “Their growth plans mirror our own; we both want to grow in the German market, and I look forward to expanding this collaboration across different sectors.”
In the fast-paced realm of insurance, quick solutions are essential for sustained success. IMG (International Medical Group), a leading provider of global travel and health safety solutions, is famous for its commitment to superior customer service and continuous improvement. By leveraging B4B’s payment services, it sheds light on how prepaid cards have redefined both customer experience and operational efficiency.
Evolution and Innovation:
IMG is a global insurance benefits and assistance services company that has served millions of members worldwide since its founding in 1990. IMG, renowned for its service and responsiveness to policyholders, offers a wide range of insurance programs, including international private medical insurance and travel medical insurance. IMG also provides enterprise services, including insurance administrative services and 24/7 emergency medical, security, and travel assistance.
The Partnership with B4B:
Starting in 2022, B4B and IMG joined together in a partnership to provide cards to employees to assist policyholders in trouble, primarily in motor and health insurance. IMG uses B4B’s award-winning portal, a tool that empowers them to offer assistance in three currencies, catering to the diverse locations of their employees, clients and policyholders.
Example Case:
In emergencies, the prepaid card provided by B4B becomes a lifeline, allowing IMG employees to make urgent payments for repairs or medical fees promptly. The card ensures swift assistance during critical moments.
Furthermore, the seamless integration of B4B’s services allows IMG to effortlessly track all incident-related expenses, providing transparency that streamlines financial oversight and ensures compliance—a critical aspect in the insurance industry.
Efficiency and Instantaneous Solutions:
One of the key highlights of the partnership is the seamless integration of B4B’s services into IMG’s operations. Ben Halbert, Head of Business Solutions and Operational Support at IMG, emphasises the value of B4B’s services in facilitating instant and targeted financial assistance.
“Our partnership with B4B has allowed us to offer new services to our clients and means that we can pay providers promptly, ensure that policyholders are not unnecessarily out of pocket and provide a superior customer journey,” says Ben Halbert, the Head of Business Solutions and Operational Support at IMG.
B4B’s Role in the Insurance Industry:
Beyond meeting IMG’s immediate needs, B4B is pivotal in supporting the broader insurance industry. By providing cards for instant payouts to service providers, B4B contributes to a more streamlined and customer-centric insurance ecosystem.
Conclusion:
“The IMG and B4B partnership is a growing collaboration which shows how we can jointly help the insurance sector with payments,” says B4B Account Director Tim Robson. By leveraging B4B’s prepaid card, IMG has not only enhanced its operational efficiency but has also elevated the overall customer experience.
At the 2023 Payments Innovation Forum Summit, recently held in London, Brian Lawlor, CCO of B4B Payments, shared valuable insights and extensive experiences on ‘The Need for BaaS in the Payments Ecosystem.’ During Brian’s presentation, he addressed the six key challenges of traditional payments that B4B Payments is addressing with Banking-as-a-Service solutions.
Money 20/20 is like Christmas in many ways. There’s a lot of hard work and preparation in the run-up, especially if you are hosting a stand. And then it’s all a bit of a blur for a few fantastic days.
The B4B Payments team got together recently to unpack our observations, compare notes, and consolidate our learnings. Here are some of our key takeaways from Money 20/20 USA, held in Las Vegas.
Digital identity and a Snickers bar
After just a few minutes of walking the event floor, you would have been struck by one thing. Digital identity was front and centre, both in terms of exhibitor stands and speaker sessions.
In one lively panel session, the topic of data access and identity governance was discussed. Digital identity expert Dave Birch questioned whether consumers really knew the value of their own data and speculated that most of them ‘would be happy to give away all their personal data to Facebook for a Snickers bar.’ This clearly indicates there needs to be some formal structure for identity and data access that is fair and equitable for all parties.
The Banking-as-a Service (BaaS) versus Embedded Finance debate
A big talking point on the B4B Payments stand was the confusion between BaaS and embedded finance among our U.S. visitors.
Of those who had heard of BaaS, many did not really know the difference between it and embedded finance – or simply assumed they were the same thing.
By the end of the event, we had boiled down our explanation of the difference between the two into these three major areas:
Different functionality – BaaS gives you the ability to offer traditional banking services. These are usually provided by a bank or licensed fintech service provider via a single API. Embedded finance, on the other hand, offers a much broader set of financial services via multiple API integrations.
Different use cases – BaaS is generally used by organisations for whom financial services are their core offering, such as Neobank. Embedded payments are often used by companies for whom financial services are not their core offering, such as a telecoms company. In this case, the telecoms provider could use embedded finance to help their customers buy more of their products by taking out a loan or offering a BNPL option.
Different supplier relationships and regulatory obligations – BaaS is usually provided through a single supplier (a bank or a more modern licensed fintech such as B4B Payments). The supplier takes on the bulk of the regulatory burden, and their clients are expected to adhere to specific regulations. These will be monitored by the BaaS provider. With embedded finance, the regulatory responsibilities are distributed between the different financial service providers and non-financial companies.
Some topics that were not so hot
Similarly, the metaverse was not such a hot topic as we all await stronger case studies and more decisive evidence of customer adoption.
The lack of open banking exhibitors or content highlighted the difference between the US and European markets. This is something that is likely to grow in the future as open banking gathers pace in the US.
The technology gap exposed
The differences between the U.S. and Europe in terms of payment technology and experiences remain quite stark. One of the clearest examples of this was highlighted during the ‘Keeping Up with Expectations in Embedded Finance’ panel session at the start of Day 2.
Daniel Crisologo, Director of Payments from Nordstrom, stated that their business had only started offering contactless in response to the COVID outbreak in 2020. In the UK, the rollout of contactless payment acceptance by the largest organisations happened more than a decade ago. Contactless payments accounted for over 70 per cent of pay-as-you-go transactions at Transport for London (TfL) by 2022 – including paying for more than 2.5 billion TfL bus journeys in that time.
Similarly, BNPL was discussed as an emerging payment option for U.S. consumers, but it is well-established in the UK and Europe. BNPL is predicted to grow at 25% each year in the UK from 2022 to 2028. This is partly due to its ability to help consumers through the current cost of living crisis.
The customer experience
The panel discussed the importance of delivering a consistent customer experience. Whether you are serving consumers or business buyers, it is essential to make the same payment options available across all channels for a friction-free, high-converting buyer experience.
The trend towards digital wallets was a talking point, given predictions that their user base will grow strongly to exceed 5.2 billion globally by 2026, an increase of over 53% from 2022 levels. This is because of the potential for universal and merchant wallets to empower consumer purchasing and increase loyalty.
In a discussion that was relevant to both BaaS and embedded finance, the topic of commercial models was raised and the need to condense those across the virtual SaaS industry. Using a single service provider with one API integration is a good start. The need to simplify layers and connectivity in the payment orchestration process will also be key to preventing friction for buyers and impacting conversions.
Staying ahead of the game
As B4B Payments continues to grow from its UK base to the U.S., it is interesting to note the differences and nuances between these two dynamic markets. Money 20/20 remains the industry barometer for payment conversations and trends.
The interest in embedded payments is strong, and the U.S. market is beginning to understand the important differences and opportunities offered by Banking-as-a-Service.
In difficult economic times for both business buyers and consumers, it is good to see the payments industry continuing to focus on how it can most effectively empower businesses and enhance profitability.
B4B Payments, in partnership with Banking Circle, offers a full suite of payment solutions, bridging gaps in the fragmented B2B FinTech market. We empower Danish FinTech startups like OneMoneyWay and Zento, providing tailored financial solutions and ultimately supporting inclusive payment solutions in the underserved SME market.
Empowering the FinTechs to Provide Better Financial Service to the Unserved Market
OneMoneyWay and Zento are both Danish FinTech startups that partner with B4B, aiming to simplify corporate payments for SMEs, eliminating the lengthy processes and high costs typically associated with opening a corporate bank account in Denmark.
Zento’s CEO, Rashid Ahmad, shared the difficulties of opening a business account in Denmark at B4B’s Annual Client Forum.
Providing Tailored Financial Services with B4B’s technology
By utilising B4B’s Embedded Finance Services and API integration, OneMoneyWay and Zento can tailor their offerings to suit the specific needs of their clients, providing them with a simplified and user-friendly financial platform with DKK, SEK, EUR, USD and GBP accounts. Through these accounts, B4B has payment services in local market rails and 25+ currencies through SWIFT & NACHA.
Oliver Bentzen, CEO of OneMoneyWay, highlights the benefits of partnering with B4B.
“B4B Payments are especially skilled in the field of compliance, where they truly outpace their competition. For us, that means our clients get onboarded much faster than our competitors, and that makes us an attractive solution to end customers.”
OneMoneyWay’s CEOs, Oliver & Casper, met with B4B’s Account Director, Tim Robson, in our London Office.
Summary: B4B is the strongest support for inclusive payment
Together, OneMoneyWay & Zento have shortened the onboarding time for opening business payment accounts in Denmark from 3-6 months to 2-6 weeks. Underserved SME businesses are able to use this speed to reduce potential costs and grow their businesses faster, which, in turn, provides benefits to marginalised communities and the wider Danish economy.
It might be too early to talk about Christmas, but it’s not too early to think about rewards and incentives for your employees.
Christmas is the perfect time to express your appreciation for your team’s hard work throughout the year. This festive season, B4B Payments offers a simple yet meaningful way to spread cheer among your employees – our prepaid gift cards.
These cards provide your employees with the freedom to choose their own reward and are a testament to our 17 years of expertise in payments and our global recognition as a trusted provider of card issuing and embedded payment services, now as part of the Banking Circle group of companies.
The pain points of Christmas rewards
Selecting the perfect gift can often be a challenging and complex process. It’s a delicate balance of aligning the recipient’s preferences, interests, and needs with your budget constraints. You might also need to consider the uniqueness of the gift, its relevance to the recipient, and its potential longevity. Moreover, organisational considerations such as budget, ease of distribution, and the message the gift conveys must also be taken into account.
Even after putting careful thought into these factors, there’s no guarantee that the chosen gift will hit the mark. It could be the wrong size, colour, or simply not to the recipient’s taste. This uncertainty can turn the joyful act of giving into a stressful endeavour.
That’s where B4B Payments card services step in as the ultimate solution. They are universally appreciated because they offer the gift of choice. Using prepaid cards as a form of reward, the recipient has the freedom to select something that truly resonates with them, something they genuinely need or have been eyeing for a while. It’s an empowering gift that respects individual tastes and preferences.
B4B Payments – offering unrivalled rewards and incentives
Let’s delve into some of the benefits of choosing B4B Payments for your corporate gifting this festive season:
1. Simplify management with our Cardholder app
Our user-friendly Cardholder app allows employees to manage their card balances and more easily. Plus, our dedicated support team is always on hand to assist with any queries.
2. Spend at millions of locations worldwide
Whether you’re rewarding a workforce that’s working from home, back in the office, or never stopped throughout lockdown, B4B Payments has got you covered. Our prepaid cards can be used anywhere Mastercard is accepted, including in their Google Pay or Apple Pay wallet!
3. Flexible, sustainable, and globally accepted
B4B Gift Cards offer the flexibility of being single-use or reloadable for incentives, payroll, payout, or expenses. They are made from 75% recycled plastic materials, offering a sustainable choice.
4. Expert team, advanced products, trusted global provider
Our expert team boasts a market-leading level of experience in setting up successful card programs, and we offer advanced end-to-end payment solutions to help you grow your business. As an FCA and Bank of Lithuania Authorised E-money institution, a Principal Member of Mastercard, and a partner provider to Mastercard Fintech Express Program, we are a trusted global provider of card issuing and payment services.
A gift from B4B Payments this Christmas
It’s not all about your employees this Christmas. There’s something for you, too. At B4B Payments, we’re offering FREE delivery on our cards to make your gift-giving that bit easier (and cheaper).
The minimum order value for our gift cards is £1,000, and this applies only to non-branded cards. The offer is limited to a single bulk order to a UK office address, with each card carrying a minimum load of £10. This special offer is available until October 31st, 2023.
Want to know more about rewards and incentives
Rewards and incentives can be offered all year round to improve employee retention. Take a look in more detail into how B4B payments use 17 years of experience in the payments industry to offer seamless rewards and incentives for businesses around the globe.
We’re thrilled to announce our win at the GCVA Hall of Fame Awards for Best Gift Card B2B Product/Service! This achievement underscores our commitment to excellence in payment solutions and is a recognition from the industry that B4B is a major player in the corporate loading gift space.
B4B’s expertise in Product Recall Support
Over the last year, B4B provided the distribution mechanism to support a major manufacturer in managing its recall programme throughout Europe. Specifically, B4B provided affected consumers with a virtual, branded Mastercard® badged open-loop prepaid card across Europe to support the targeted recall programme.
This was a major undertaking, with upwards of 75,000 cards issued and nearly £20M in refunds over a short period of time. Activation rates topped 90%. This award recognises B4B’s ability to launch and run large incentive or recall compensation programmes.
B4B has supported hundreds of companies to digitalise their old legacy processes and cash or voucher systems. Our disbursement solutions have proven to drive customer loyalty and repeat purchases or, when things go wrong, to quickly compensate affected customers.
Here are three key aspects that highlight the value and optimisation of our services:
1. Easy Distribution: Instant virtual card issuance via email ensures global accessibility and branding options for a seamless experience.
2. Instant & Transparent Payments under regulation: Our EMI status allows rapid payments while navigating regulations, fostering trust.
3. Effortless Redemption: Fast and secure contactless payments through popular digital wallets, available for both plastic and virtual cards.
We are pleased to receive the recognition from the GCVA Hall of Fame Awards. It inspires us to continue pushing the boundaries of innovation, serving our clients promptly and efficiently, and shaping the future of payment solutions.
Pictured are our CCO, Craig Simpson, and Director of Accounts, Tim Robson.
Employee payments are a crucial aspect of any business, but managing payments can be particularly challenging for companies with a global workforce. In such situations, traditional payment methods may not be practical or cost-effective, leading to delays in payments and unhappy employees.
That’s where prepaid cards come in, providing an innovative solution to enable businesses to streamline their global payment operations. Available in both physical and virtual forms, these cards can be preloaded with the desired amount and distributed to employees regardless of their location. This offers employees immediate access to their funds, enhancing their financial flexibility.
Interested in finding out more? Join us as we explore the challenges and benefits of using virtual, physical, and prepaid cards for employee payments around the globe.
Uncovering the Convenience of Virtual and Physical Prepaid Card Services
To streamline payroll management, businesses worldwide are turning to card services. In many regions, traditional banking systems make it difficult for employees to open bank accounts. Prepaid cards offer a practical and efficient solution, allowing employees to receive their payments directly onto a card that can be used for purchases or cash withdrawals.
The introduction of virtual prepaid cards has further increased the level of convenience in accessing funds. Platforms like B4B Payments empower businesses to instantly generate virtual cards, effectively eliminating the waiting periods associated with the delivery of physical cards. This feature is particularly beneficial for employees requiring quick access to funds, such as those on business trips or working remotely.
Moreover, prepaid cards reduce the necessity for employees to carry large sums of cash or depend on expensive wire transfer services. This approach not only saves time and effort but also proves more cost-effective for both employees and employers.
The global prepaid card market, projected to reach $4.1 trillion in transaction value by 2026, according to Juniper Research, attests to the increasing demand for this convenient form of payment. This growth is primarily driven by emerging markets, where the reach of traditional banking systems may not be as extensive.
B4B Payments’ prepaid cards serve as a more permanent solution, available in the form of virtual and physical branded cards. They can be easily topped up via an intuitive platform, making prepaid cards an accessible solution for companies aiming to streamline their employee payments.
Boost Your Payroll Security with Card Services
Virtual, physical, and prepaid card services offer unparalleled security for global payments, thanks to features like fraud protection and real-time card locking. It’s worth exploring these security features in the context of international transactions, where unique security challenges often arise.
The Role of Security Features in International Transactions
Businesses conducting international transactions face unique security challenges, such as potential fraud and unauthorised use. Some common security issues include payment card data breaches, phishing attacks, and unauthorised access to payment systems. Here, card security features play a crucial role in mitigating these concerns.
Card Services Security Features: A Detailed Look
Card services, including virtual, physical, and prepaid cards, offer a secure payment option for businesses and employees alike. They come equipped with multiple security features to guard against fraud and unauthorised transactions.
One of the primary advantages of these card services is their built-in fraud protection measures. Many card providers offer round-the-clock fraud monitoring and protection, ensuring that any suspicious activity is promptly detected and addressed.
Additionally, the ability to lock and unlock cards in real-time serves as a key security feature. If an employee loses their card or suspects unauthorised use, they can instantly lock the card, preventing further transactions. Once the card is found or the issue is resolved, it can be quickly unlocked for continued use.
Virtual cards offer enhanced safety as they eliminate the risk of physical loss or theft. These cards typically have unique card numbers and security codes, providing an additional layer of protection against unauthorised use.
Benefits of Global Payments with Card Services
Adopting card services for global payments provides several benefits to businesses. Not only does it ease the
payroll process, but it also helps foster a sense of trust and satisfaction among employees. Moreover, it simplifies international transactions by bypassing the need for multiple currency conversions and mitigating exchange rate risks.
In a world where remote work is becoming the norm, global payments through card services are more relevant than ever. These services make it possible for companies to pay their employees promptly, irrespective of their location. Plus, employees can access their funds instantly and use them according to their needs.
Furthermore, card services also offer transparency in transactions, allowing companies to monitor and control spending more effectively. This helps in budgeting and financial planning, leading to more informed business decisions.
In summary, card services for global payments offer an efficient, secure, and convenient solution for businesses and their employees.
The Future of Employee Payroll is B4B Payments
As businesses grow and expand globally, the need for an efficient and secure payroll system becomes more apparent. Prepaid cards present an innovative solution, simplifying the payment process while ensuring enhanced security.
At B4B Payments, we offer a variety of prepaid card solutions that are accepted globally that have been built on our 15 years’ experience in the business, perfect for managing payroll, employee expenses, travel expenses, incentives, and rewards.
Learn more about B4B Payments and how our card services can streamline your employee payment process, saving your business time and resources. The future of employee payroll is here; embrace the change and enjoy the benefits.
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