Every business faces numerous challenges, one of which is financial management. When it comes to expense control, settling payments with partners, and providing convenience for employees, finding the perfect payment tool can be tricky.
Modern virtual cards for businesses address this issue effectively. In this article, we’ll explore the best services and the opportunities offered by virtual cards with unlimited limits.
Why choose virtual cards?
Virtual cards are a tool for cashless payments. They allow businesses to control expenses, quickly provide financial access to employees or partners, and offer extra protection against fraud.
What sets them apart is their adaptability to different scenarios. For example, if you have employees or clients in other countries, virtual cards simplify payment management, eliminating the hassles of currency conversion and transfer fees.
They also streamline workflows. For instance, each team in your company can have its own card with a specific spending limit. This helps allocate budgets effectively — marketing for advertising, logistics for transportation. Such an approach ensures transparency and control over expenses.
Additionally, many modern services offer the option to issue white-label cards — customisable cards featuring your brand’s logo. These are ideal for internal expense management, employee bonuses, or enhancing customer experience through loyalty programs, all while boosting brand recognition.
How to choose the right service?
The market offers several solutions for issuing virtual cards. Choosing the right option depends on your business needs and the terms provided by the service. Let’s review some of the most popular options.
PSTNET
PSTNET offers the Ultima virtual card with no spending limits, available on Visa and Mastercard platforms. The card is multi-currency, featuring two accounts — one in USD and another in EUR, making it convenient for businesses with international clients or contractors. PSTNET provides various payment solutions for different purposes, including cards designed for media buying – both universal and platform-specific, as well as digital tools for card management. For businesses, the Ultima card is an excellent choice. It can also be branded as part of the white-label program.
The Ultima cards have no limits on spending, top-ups, or the number of cards you can issue. While many cards often come with hidden charges, Ultima ensures full transparency: transactions are fee-free, and top-ups cost just 2%. If you need to withdraw funds, it can be done in USDT without any additional costs.
Additional specifications:
Security: 3D Secure and two-factor authentication
Confidential Telegram bot: For 3D Secure codes and service notifications
Top-up methods: Support for 18 cryptocurrencies (Bitcoin, USDT TRC20, ERC20), SWIFT/SEPA bank transfers, or other Visa/Mastercard cards
Easy registration: Via Google, Telegram, Apple ID, or email
Payoneer
is tailored for business needs. Its cards, operating on the Mastercard network, are dollar-based and suitable for paying for international services or receiving payments. These versatile cards come with numerous features and no limit on the number of cards issued, which can be generated instantly. Daily spending limits are high — up to $200,000 per card.
Payoneer cards support USD, EUR, and GBP. Fees apply: withdrawing funds or transferring them to another card costs from $1.50 per transaction, while currency conversion incurs an average charge of 3%. However, business accounts benefit from dedicated manager support to help reduce operational expenses.
Additional specifications:
Security: Two-factor authentication
Support channels: Contact form on the website and an in-account chat
Top-up methods: Transfers from other cards or bank transfers
Registration: Includes online data verification and identity confirmation, ensuring a swift process
Wallester
Wallester is a platform for issuing cards, all of which operate on the Visa network. The cards are available digitally or in physical form and can be branded as white-label cards for businesses.
Wallester’s cards are versatile, suitable for both operational expenses and media buying. However, there is a limit of 300 virtual cards per account. The service is exclusively for businesses and offers no spending limits for cards. Companies using euros for both transactions and expenses can save on conversion fees, though other transactions incur a 2% fee.
Additional specifications:
Security: Two-factor authentication
Support channels: In-account chat and email
Top-up methods: Visa card transfers and SWIFT/SEPA bank transfers
Registration: Requires data verification, identity confirmation, and contract signing
Maximising the use of virtual cards
One key benefit of virtual cards is team payment organisation. For instance, you can set spending limits on each card issued to employees, ensuring expenses remain under control. If your marketing team runs campaigns on international platforms, they can use a dedicated card linked to the relevant currency, avoiding unnecessary conversion fees.
If your business works with overseas contractors, virtual cards simplify payments. Imagine needing to pay a partner in another country—rather than waiting days for a bank transfer, you can top up a virtual card instantly and send the payment, speeding up projects and enabling partners to start work faster.
Virtual cards are also ideal for loyalty programs. If you run a small retail chain, you can use them to issue customer bonuses or cashback rewards, encouraging repeat purchases. White-label branded cards enhance your company’s recognition in the process.
For businesses handling large transaction volumes, virtual cards simplify financial reporting. All transactions are automatically recorded, easing report preparation and enabling real-time expense analysis.
Conclusion
Virtual cards with unlimited limits are a modern solution for businesses, offering flexibility, cost efficiency, and organisation. They are suitable for internal financial management, as well as transactions with external contractors and clients.
By using services like PSTNET, Payoneer, and Wallester, you can find the ideal tool to benefit your business. Remember, every business is unique, so it’s important to consider your company’s needs and choose services that bring value and profitability.
