Streamline Your Business Transactions
The Visa® Business Purchasing Card (PCard) offers additional functionality and reporting to effectively manage your business payables and earn a cash rebate. The online account management system allows visibility and control for administrators and provides cardholders the ability to reconcile their charges with the expense management system.
Benefits![Visa Purchasing Card](ContentImageHandler.ashx?ImageId=153676) Improve efficiency, reduce costs, and have a greater visibility into expenses and procurement.
- Restrict cards at the individual level by merchant category, daily and monthly spend, and much more.
- 24/7 online access allows administrators to add cardholders, MCC codes, increase/decrease spend limits, view approvals/declines, print statements, update profiles, and make payments in real-time.
- Earn cash back rebate on all purchases through a tiered rebate structure.*
Expense Management Software The Expense Management module offers broad functionality by leveraging advanced capabilities for queries, workflow management, report generation, and data exports.
- Define account code segments including cost centers, departments, or other account ledger indicators to automatically assign to transactions.
- Account holders can review, edit, and submit expense reports for supervisors to review.
- Provides program administrators, finance personnel, and travel and purchasing managers extensive spend analysis tools.
- Track out of pocket and mileage expense reimbursements and record on separate reports for audit purposes.
Visa® Payables Automation Streamline the way you pay your suppliers: Visa® processes your account payable files and adjusts limits as needed. A remittance notice is then sent to your supplier, and, after your supplier charges the card, you will receive all reconcile notifications.
- Control spending: Visa® can automatically adjust your commercial card limit to match approved invoices, reducing the risk of unauthorized activities.
- Optimize cash flow: Since your supplier charges a Visa® account, you do not have to pay until you receive a consolidated bill from your bank.
Cash Back Tiers
$0 - $499,999 annual purchases |
0.25% |
$500,000 - $4,999,999 annual purchases |
0.75% |
$5,000,000+ annual purchases |
1.00% |
Please visit any Community Office or Call 1-877-879-3622 to apply.
Start-Up Costs: One Time Implementation Fee = $250.00; Annual Card Fee Per Card = $25.00; Late Fee: $25.00; Cash Advance Fee = The greater of $5.00 or 3% of the transaction; Foreign Transaction Fee = 2% of the transaction in US Dollars; Additional Sales Draft Request = $5.00; Return Payment Fee = $25.00; Statement Reprint Fee = $5.00
Credit cards are issued thru ServisFirst Bank. All applications subject to ServisFirst Bank's underwriting guidelines.
The variable Annual Percentage Rate (APR) is the National Prime Rate plus 12%.
*Rates and terms are subject to change without notice.
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