Intuitive spend controls on instant virtual credit cards
Virtual cards for business are the new way to manage payments efficiently. Virtual cards in Australia allow you to go ahead with contactless payments at merchant checkouts, as well as online payments. They’re a great way to empower your employees with financial control, and the ability to make business purchases without having to dip into their own funds.
Business virtual cards are most often used for subscription management. They’re an excellent way to keep your SaaS payments in control and to ensure that no multiple or outdated subscriptions get in the way of money management.
Create one-time burner cards for lump-sum payments, or create a vendor-specific card to manage budgets and payouts for each SaaS invoice.
Our virtual cards in Australia are compliant with the ASIC standards of security. Issued by VISA, they have the encryption and safety of any bank-grade credit card. The ability to generate unlimited virtual cards means that you no longer have to share cards or worry about data leaks.
Moreover, virtual cards are not directly linked to your company bank account so there’s no threat of hacks. Keep cards neat and separate, load or freeze as required, and have it all in one place for your peace of mind.
The virtual credit cards linked to your Volopay account update information in real-time. Every swipe, every transaction gets recorded as soon as it happens.
There is no threat of data loss, and you are always updated on where your money is going. These spend metrics are always available on the mobile app, meaning they’re accessible at all times, from anywhere.
Our virtual credit cards are not just handouts with unlimited access to funds. Instead, they have very precise spending limits so that you can control how each card is used. Company expense policies are applied by default, which includes auto-decline for transactions over a certain limit.
But aside from that, you can also have a fixed budget and expiration date on these cards. You choose whether they get reloaded each month, or if the funds are only for one-time use. Your business virtual cards are powerful and smart.
The security of your business virtual cards also comes with multi-level approval systems. You can set up 5 tiers of approvers, all of whom verify expenses and fund requests. This is a one-time setup, after which push notifications and instantaneous payouts ensure that everything happens with transparency.
Any non-compliant transactions on the virtual cards automatically get declined, saving effort even for approvers.
Virtual credit cards for business empower you to make payments globally. With a large number of vendors operating in USD, you can create cards linked to a USD currency wallet. This enables you to load your cards in USD, and spend in USD - without paying extra on FX charges or processes.
No more switching between multiple bank accounts and tools to run your smart business. We have combined great software with every service you are using a bank for, to produce a state-of-the-art financial platform.
Empower your employees with physical and virtual cards
Manage and track every dollar that leaves your company
Open a global account with multi-currency payments.
Manage vendors, approve invoices and automate payments.
Save hours daily, and close your books faster every month.
Integrate with the all the tools and software that you use daily.
Volopay brings together the innovation of smart cards and bill payments, combining them with efficient accounting, approvals, and reimbursements. It’s a single place to get all your expense needs met.
Manage your subscriptions with a single click. Create payments and schedule them to avoid any kind of late fees or disruption in services. Real-time tracking lets you avoid multiple payments. And pause options stop you from overpaying for SaaS models you no longer require.
Virtual cards for business are most efficient when you can monitor the payments easily. Your expense reporting system is designed for complete transparency and accountability. The details of all your transactions are updated as soon as they happen, allowing you to have an eagle-eye view of all your cash flow. Whether it’s accounts payable or a quick swipe of a card, all of it gets recorded with accuracy immediately.
Stop counting pennies to meet your business expense needs. We offer a flexible business credit line for you to manage business investments, payrolls, and day-to-day office expenses. These are super-easy to avail of, and you can apply for them without the long waiting period of traditional business bank loans. Spend smartly to build your revenue.
Bring in a level of responsibility by utilizing maker-checker systems and approval levels. On the platform, you can create up to 5 levels of approvers, all of whom verify and ensure that payments are in order and nothing is done frivolously. Pre-set limits ensure that non-compliant transactions get declined automatically.
From the first card swipe to the books being closed, your account structure can benefit greatly with the help of accounting automation. The world’s most beloved accounting software list integrates easily with our platform for seamless reconciliation and data analysis. No need to sync manually. Just integrate and watch two automated systems work in tandem to keep your data updated.