When you are creating a new card - you can choose to create either a:
- Company card
- Employee card
To guide your decision on which type of card is best for your use case, see below:
Features | Company Cards | Employee Cards |
Use Case | Business Expenses | Travel expenses |
Form | Virtual Only | Virtual |
Users Access | Card admins can see all Company cards and are auto-assigned as the owner. | Each employee card is assigned to one employee. |
Name on Card | Payouts.com Account Business Name | Individual Employee Name |
Pin Code | N/A - not required for virtual cards | Pin required - can be found in card details in the WebApp |
Pricing | Free | See here for your region’s pricing |
Both company cards and employee cards have:
- Visa Debit Cards
- 0% international transaction fees
- Multi-currency cards that draw from your wallet balance for the transaction currency, if no balance this will be auto-converted from your home currency
- Flexible daily, weekly, monthly and all time spend limits
- Card admins can edit, freeze or cancel cards at any point in time
- Able to use Expenses to track, upload receipts and code expenses directly to your chart of accounts straight from your card spend.