A virtual card is just like a physical card in a lot of ways except that it is designed for the digital world, adding a layer of protection. You manage your account separate from the card numbers assigned, as you can have many virtual cards issued under one account. They are designed for short term use and you can control spending better than with a physical card.

Some ways virtual cards may be beneficial to your business:

• Issue virtual cards with specific minimum and maximum spend limits per transaction daily, helping control the spending of your employees.
• Earn up to 2% on all your expenditures, manage 100s of media campaigns, and – depending on your business model – reduce the cost to process transactions.
• You can set virtual cards with one time or short time uses, eliminating passing around a physical card to different employees to make purchases or reservations for your company.
• Any remaining balances on your virtual credit cards are credited back to the original account automatically.
• Virtual credit cards are issued only to a primary cardholder, not to any secondary cardholders.
• Given that virtual credit cards are non-physical, it is almost impossible to clone them, which makes it highly safe for all online transactions.

With traditional credit, prepaid, or gift cards, the balance is associated with the actual card number, so if it’s lost or stolen, those funds can still be accessed. A compromised physical card will require you to go to the bank for a replacement; a compromised gift or prepaid credit cards typically means losing the balance.

Once approved for a virtual card account and you have been onboarded to our system, we can accept wire and ACH transfers. We will provide you the details on how to transfer to your account when you are ready.

We typically can have your wired funds populated within 24 hours after confirmation to wire@paycertify.com is sent. (Subject to change).

• Within the platform you can click Virtual Cards > New Virtual Card
• Once the card information section is completed you can click Save
• Reloadable cards can be used over and over so long as funds are re-

  added, and Multi-Use can be used until the card balance is depleted

Single-use
The card is generated with the exact ticket price needed and terminated once used or after reaching its one-month expiration date.

Multi-use
Card can be used multiple times on more than one type of transaction until the entire balance is used and terminates or until it reaches the expiration date of 3 months.

Reloadable
Cards can be used repeatedly until the balance is reached, then funds can easily be added – great for media buyers.

Yes. Just like a traditional card, an expiration date is assigned to the card depending on the type of card selected; the expiration may be after a single use or up to several years. However, the account where funds are managed never expires, only the virtual card numbers issued off that account.