Virtual card is a digital payment card that provides a unique card number and security code for online or contactless transactions to protect against cloning, identity fraud, and theft.

Virtual cards give businesses more control over spending with set limits and restrictions, as well as offering flexibility and convenience for online purchases and payments to vendors.

Geekflare has researched and compiled a list of the top virtual card providers for business spending based on key features such as security, integration, and expense management.

  • Wallester – Best for Corporate Expense Card
  • Moss – Best to Streamline Expense Reports
  • BILL – Fast, easy, and secure for Virtual Payment
  • Combo Cards – Best for Advertising Business
  • Airwallex – Best Inbuilt Global Bank Account
  • Airbase – Best for Automated Spend Approvals
  • Intergiro – Best for Flexible Card Programs
  • PST – Best for Prepaid Card Solutions
  • Pleo – Best for Managing Employee Expenses
  • Mesh – Best to Monitor Card Spending in Real Time
  • Stampli – Best for AP Automation Integration
  • Tribal – Best for MENA and LATAM Businesses
  • Karta – Inbuilt Fraud Protection
  • Extend – Best for Vendor Payment
  • Emburse – Best for Spend & Travel Management
  • Netspend – Best for Everyday Business Spending
  • Privacy – Best for Secure Online Purchases
  • Revolut – Best for Disposable Card
  • Show moreShow less

You can trust Geekflare

At Geekflare, trust and transparency are paramount. Our team of experts, with over 185 years of combined experience in business and technology, tests and reviews software, ensuring our ratings and awards are unbiased and reliable. Learn how we test.

Wallester

Wallester

Best for Corporate Expense Card

Geekflare rating score 4.8 out of 5
4.8
|
  • Integration
    QuickBooks, Xero
  • Cashback
    Yes
  • Virtual Card Type
    VISA Debit
€25.2/mo
FREE Plan Available
Get Wallester

About Wallester

Wallester, launched in 2018, provides single-use virtual cards for purchases with spending limits and real-time expense tracking. It comes with a fraud monitoring feature that complies with KYC and AML regulations to ensure the safe and legal use of Wallester’s services.

Wallester lets you tokenize various card types for convenient use in digital wallets such as Apple Pay, Google Pay, and Samsung Pay. Their customizable white-label service is great for businesses looking to launch their own credit cards.

Wallester offers different pricing plans for virtual cards, with a free plan for up to 300 virtual cards. Premium plans include up to 3,000 virtual cards for $209.99/month, while the platinum plan offers up to 15,000 virtual cards for $1049.99/month. The Enterprise suite plan has custom pricing and includes top-tier services, including a customer success manager, custom contracts, and better rates.

Wallester Features

  • Key feature

    High-level security features, including PIN protection, instant card freezing, and transaction notifications.

  • Key feature

    Issue both virtual and physical cards instantly for immediate access.

  • Key feature

    Store and manage invoices digitally.

  • Key feature

    Integrates with accounting systems like QuickBooks and Xero for automated expense reporting.

  • Key feature

    Mobile app is available on iOS and Android.

Wallester Pros/Cons

  • Advantage

    Upto 300 virtual cards for free

  • Advantage

    User-friendly interface

  • Advantage

    Customizable spending limits

  • Advantage

    Automated data export to Excel, CSV, PDF

  • Disadvantage

    Only offers Visa cards

  • Disadvantage

    Additional charges for low-value transactions

Moss

Moss

Best to Streamline Expense Reports

Geekflare rating score 4.2 out of 5
4.2
|
  • Integration
    Accounting Tools
  • Cashback
    Yes
  • Virtual Card Type
    Mastercard Debit
Custom Pricing
Get Moss

About Moss

Moss, founded in 2019 in Berlin, offers various cards designed to enhance corporate expense management, providing employees and companies with budget cards, merchant-specific subscription cards, and virtual credit options for smooth transactions.

Moss virtual cards offer real-time transaction tracking, automatic receipt matching, and integration with Xero. They are also an official DATEV marketplace partner, helping tax consultants improve their accounting systems and streamline bookkeeping tasks.

Moreover, Moss Credit goes up to a £2.5 million spending limit and a 60-day payment window.

Moss offers unlimited virtual cards with built-in spend approvals and controls, rule-based accounting automation and real-time visibility of each transaction within its platform. You can inquire about these virtual card’s pricing by directly contacting Moss’s support team.

Moss Features

  • Key feature

    Supports OCR technology to capture receipt details

  • Key feature

    Automated receipt collection and matching

  • Key feature

    Track every payment by setting up automated reminders via Slack or email

  • Key feature

    Offers 3D Secure, biometric identification, and GDPR compliance

Moss Pros/Cons

  • Advantage

    Instant card issuance

  • Advantage

    Advanced expense tracking and management tools

  • Advantage

    Efficient invoice management

  • Advantage

    Automate expense reimbursement and management

  • Disadvantage

    Pricing not publicly available

  • Disadvantage

    2% supercharge on international transactions

BILL

BILL

Fast, easy, and secure for Virtual Payment

Geekflare rating score 4.2 out of 5
4.2
|
  • Integration
    QuickBooks, Xero, Sage Intacct
  • Cashback
    Yes
  • Virtual Card Type
    Mastercard, VISA

About BILL

BILL Spend and Expense combines a powerful company card with expense management software to streamline reporting and give you more control over spend. Now, users can get a separate subscription card for each vendor and limit the available funds for that card to avoid getting overcharged.

BILL prevents fraud and compromised accounts in a few clicks. The credit limits for BILL virtual cards get reset every month, so companies do not have to worry about getting additionally charged or missing out on monthly subscriptions.

BILL helps manage recurring subscriptions. The BILL Spend & Expense plan is available for free, and users do not have to spend money to get virtual cards.

BILL Features

  • Key feature

    Offers as many virtual cards as needed

  • Key feature

    Unique 16-digit number for each card

  • Key feature

    Freeze and delete virtual cards any time you want

  • Key feature

    Google Chrome extension for easy spending

BILL Pros/Cons

  • Advantage

    Live Chat and phone support are available

  • Advantage

    Set up spending limits to avoid overcharging

  • Advantage

    Supports forced expiration date

  • Advantage

    Instant spend notification

  • Disadvantage

    Does not support offline payments

  • Disadvantage

    No email support

Combo Cards

Combo Cards

Best for Advertising Business

Geekflare rating score 4.0 out of 5
4.0
|
  • Integration
    Accounting Tools
  • Cashback
    No
  • Virtual Card Type
    46 BINs, Visa, Mastercard
3% Top Up Fee
Get Combo Cards

About Combo Cards

Combo Cards are virtual cards that offer a secure and flexible solution for managing expenses, advertising, and business purchases. They provide bank-level security, ease of use, and efficient operations, with features such as 3DS protection and a personalized Telegram bot for OTP codes.

Combo cards let you track expenses, monitor trends, control account balance, and generate finance reports with ease. Plus, you can add funds from AdСombo, wire transfer, or USDT and use them for marketing campaigns on various platforms like Facebook, Google Ads, TikTok, and others.

Combo Cards can help you invite collaborators, assign roles, and distribute budgets effectively.

Combo Card’s starting price is $0, with a minimal 3% commission on top-ups. Plus, you can deposit up to $5000 with no commissions within 14 days after signing up.

Combo Cards Features

  • Key feature

    Generates detailed financial reports and insights

  • Key feature

    Low fees for deposits, withdrawals, and declined transactions, with rates such as 3% for USDT deposits and $0.5 for declined payments

  • Key feature

    Funds can be deposited via crypto transfers, wire transfers, or affiliate networks

  • Key feature

    Cards can be issued in multiple regions, including the USA, Europe, and Asia Pacific

Combo Cards Pros/Cons

  • Advantage

    Role-based access for teams

  • Advantage

    Low commissions on replenishment

  • Advantage

    Customizable spending limits and auto-top-up feature

  • Advantage

    3DS support in various currencies, including USD, EUR, and GBP

  • Disadvantage

    Declined payments are charged at $0 – $0.5

  • Disadvantage

    Requires a $50 deposit for card issuance

Airwallex

Airwallex

Best Inbuilt Global Bank Account

Geekflare rating score 4.2 out of 5
4.2
|
  • Integration
    Xero, QuickBooks
  • Cashback
    Yes
  • Virtual Card Type
    Visa Debit
Custom pricing
Free Plan
Get Airwallex

About Airwallex

Airwallex offers virtual cards for businesses to easily create and manage multiple virtual cards for online purchases, subscriptions, and recurring payments.

With AirWallex virtual cards, you can open domestic and foreign currency accounts in minutes and bypass the traditional red tape and paperwork associated with bank branches.

AirWallex comes with cost-effective services as it charges no account opening fees, maintenance charges, or minimum transaction requirements. Moreover, in terms of security, it employs end-to-end encryption and biometric identification along with protocols like PCI DSS, SOC1, and SOC2.

Airwallex allows businesses to easily create employee and company cards. For pricing information, you can contact their sales or support team directly.

Airwallex Features

  • Key feature

    Conduct foreign exchange transactions at competitive interbank rates.

  • Key feature

    Batch payments to up to 1,000 recipients at once.

  • Key feature

    Flexible APIs to automate financial workflows, including international payments, fund transfers, and currency conversions.

Airwallex Pros/Cons

  • Advantage

    Competitive FX rates

  • Advantage

    Easy online application and management

  • Advantage

    No setup or monthly maintenance fees

  • Advantage

    Open accounts with local details in 12 countries

  • Disadvantage

    Features and fees vary by region

  • Disadvantage

    No ATM withdrawal feature

Airbase

Airbase

Best for Automated Spend Approvals

Geekflare rating score 4.8 out of 5
4.8
|
  • Integration
    QuickBooks, NetSuite, Xero
  • Cashback
    No
  • Virtual Card Type
    VISA Debit
Custom Pricing
Get Airbase

About Airbase

Airbase virtual cards can be issued for both single and multi-time use. It has a request spend feature where an employee can easily ask for payment approval quickly with Airbase’s dynamic ecosystem.

Airbase supports 70+ ERP systems, such as NetSuite and QuickBooks Online, and other business tools like Asana and Jira. Its strength lies in AI-based OCR and generative AI expense reports from an image of your receipts.

Airbase virtual cards provide strong compliance features with department-specific auto-categorization. They enable smooth transactions through various methods, such as ACH, check, vendor credit, virtual card, and wire transfer. Optional travel management and PCI-compliant security measures are also available. Additionally, there is an in-depth audit trail with transparency for every transaction.

Although Airbase offers a suite of features, you can use their AMEX or SVB cards on the Airbase spend management platform with its Standard plan, which caters to around 200 employees. Contact the administrator to learn more about the pricing plans.

Airbase Features

  • Key feature

    Advanced fraud detection and PCI compliance

  • Key feature

    Detailed reporting and analytics

  • Key feature

    Real-time expense tracking

Airbase Pros/Cons

  • Advantage

    Support multi-subsidiary setups

  • Advantage

    Customizable spend limit and approval policies

  • Advantage

    Automates accounts payable and expenses

  • Disadvantage

    Limited Customer support

  • Disadvantage

    Integration requires time and technical expertise

Intergiro

Intergiro

Best for Flexible Card Programs

Geekflare rating score 4.5 out of 5
4.5
|
  • Integration
    Accounting Tools
  • Cashback
    Yes
  • Virtual Card Type
    Visa, MasterCard, American Express
€9/month
Get Intergiro

About Intergiro

Intergiro offers secure and encrypted virtual cards with real-time spend monitoring tools for finance teams to track transactions and prevent unauthorized activities.

Businesses can use Intergiro virtual cards to pay for goods and services like airline tickets, hotel bookings, and car rentals from every merchant that accepts Visa, MasterCard, or American Express.

Intergiro further offers easy access to team members and integrates with Apple Pay and Google Pay for easy and secure payments.

Intergiro offers three pricing plans, including a “Starter” plan for €9/month, a “Growth” plan for €49/month with no thresholds on outbound euro payments, and an “Enterprise” plan that can be customized to specific needs.

Intergiro Features

  • Key feature

    Easy reconciliation

  • Key feature

    Virtual cards use unique numbers for each transaction

  • Key feature

    Advanced security protocols, including dynamic CVV and fraud detection

Intergiro Pros/Cons

  • Advantage

    Low service fee

  • Advantage

    3DS support and OTP codes for safe transactions

  • Advantage

    Employee spending controls

  • Advantage

    Flexibility to freeze and cancel cards

  • Disadvantage

    Complex API setup

  • Disadvantage

    Limited to EU market

PST

PST

Best for Prepaid Card Solutions

Geekflare rating score 4.5 out of 5
4.5
|
  • Integration
    Accounting and Payroll Tools
  • Cashback
    Yes
  • Virtual Card Type
    22 BINs, VISA and Mastercard Debit
$7/card
Get PST

About PST

PST virtual cards are instantly issued and come with security features like 3D-Secure and unique Bank Identification Numbers (BINs). They are cost-effective for businesses because they charge 0% for transactions, declined payments, and withdrawals, except a 3% deposit fee. Moreover, these cards can be topped up using cryptocurrency, including BTC and USDT.

PST lets you connect with Telegram for timely updates to improve user experience. It supports deposit issuance, which ensures scalability for growing businesses. You get various budget and role management tools like team functions, spending limits, instant transfers, financial reports, and role-based access control​. Plus, they have a referral program too, which lets you earn up to 90% of profit.

PST offers various VISA cards at different prices. The Ultima card costs $7 for a virtual card. For a Facebook ad card that costs $10/month, you’ll be charged a $0.50 transaction fee and a 2.9% deposit fee. The Google Ads virtual card costs $10/month and comes at a $0 transaction fee and a 6% deposit fee.

For a universal advertisement card, PST charged a monthly fee of $10, a $0 transaction fee, and a 6% deposit fee.

PST Features

  • Key feature

    Supports 22 unique BINs from US and EU banks.

  • Key feature

    Each virtual card issued also has a physical counterpart.

  • Key feature

    Competitive tariffs with card issuance fees starting at $10.

  • Key feature

    Set roles, make budgets, and track expenses in real-time.

PST Pros/Cons

  • Advantage

    Convenient top-up options

  • Advantage

    Easy employee role management

  • Advantage

    3% cashback on purchases

  • Advantage

    No initial document verification

  • Disadvantage

    No role-based access for teams

  • Disadvantage

    Waiting list for access

Pleo

Pleo

Best for Managing Employee Expenses

Geekflare rating score 4.8 out of 5
4.8
|
  • Integration
    Xero, QuickBooks, NetSuite
  • Cashback
    No
  • Virtual Card Type
    PrePaid
£39/month
Limited Free Plan Available
Get Pleo

About Pleo

Pleo virtual cards focus on employee expenditures and offer individual spending limits as well as real-time transaction notifications. In case of suspicious activity, administrators can issue, freeze, or cancel cards with just a few clicks.

Pleo is a convenient solution for managing travel expenses, as it helps calculate mileage, track invoices, capture receipts, and ensure compliance with company policies. The cards are issued by Mastercard and protected by various security standards and regulations such as PCI DSS and GDPR.

Pleo offers three different plans for their services: a free “Starter plan” for up to three users, an “Essential plan” priced at £39/month, and an “Advanced plan” priced at £89/month, all billed annually.

Pleo Features

  • Key feature

    Offers physical, temporary, virtual, and vendor cards.

  • Key feature

    Submit, approve, and process self-funded expenses within the app.

  • Key feature

    Integrate with over 50 accounting systems, including QuickBooks and NetSuite.

  • Key feature

    Automatically matches receipts from email inboxes to corresponding expenses.

Pleo Pros/Cons

  • Advantage

    Instant account setup

  • Advantage

    Adheres to FSA and PSI regulations

  • Advantage

    Mileage and fuel cost calculations

  • Advantage

    Effective subscription management

  • Disadvantage

    Limited overdraft availability

  • Disadvantage

    Dependency on digital receipts

Mesh

Mesh

Best to Monitor Card Spending in Real Time

Geekflare rating score 4.5 out of 5
4.5
|
  • Integration
    ERP and Accounting tools
  • Cashback
    Yes
  • Virtual Card Type
    Visa Debit
$10/user/month
Free Plan Available
Get Mesh

About Mesh

Mesh helps your business automate expense management and track your employee’s expenses through its virtual cards and instant alerts from various platforms like Slack.

Mesh card holders can use their cards for various payments including, SaaS, travel, or in-person purchases.

Mesh offers a Plug & Pay Visa Business card that is numberless and can be linked to virtual cards. This feature enhances security by reducing the risk of card number theft. Finance managers can control and manage these cards remotely through the Mesh platform.

Mesh offers three different plans for spend management: Pro, Premium, and Custom. The Pro plan is free and allows for global spend management. The Premium plan costs $10 per month per user and offers tools for scaling operations. The custom plan provides extensive spend control tailored to individual business needs.

Mesh Features

  • Key feature

    Automated collection and matching of invoices.

  • Key feature

    Receive instant alerts and detailed insights into spending patterns.

  • Key feature

    Uses AI to automate receipt matching and expense categorization.

  • Key feature

    Customizable approval workflows to fit internal processes.

Mesh Pros/Cons

  • Advantage

    Unlimited virtual and physical cards

  • Advantage

    Vendor management features

  • Advantage

    Automated receipt matching

  • Advantage

    Advanced spend control features

  • Disadvantage

    No interest accrual on funds

  • Disadvantage

    Performance issues reported by some users

Stampli

Stampli

Best for AP Automation Integration

Geekflare rating score 4.8 out of 5
4.8
|
  • Integration
    Accounting and ERP tools
  • Cashback
    Yes
  • Virtual Card Type
    Visa Debit
Custom Pricing
Get Stampli

About Stampli

Stampli helps companies simplify their accounts payable process by offering virtual cards for both AP workflows and employee expenses, with customizable spending controls to enforce compliance with internal policies.

To streamline processes for accounts payable teams, Stampli Card allows for the pre-coding of purchases and employee expenses, significantly increasing efficiency.

Stampli’s virtual credit cards assist you in detecting duplicate invoices, preventing fraud, and automatically routing approvals, which reduces manual tasks and errors.

Stampli’s real-time visibility gives you control over the entire invoice lifecycle, from receipt to payment. Currently, they only have a custom plan with monthly and annual subscription options.

Stampli Features

  • Key feature

    Full visibility into invoice status, metrics, and history with an intuitive dashboard.

  • Key feature

    Internal controls with customizable roles and permissions.

  • Key feature

    Billy the Bot identifies duplicate invoices and flags potential fraud.

  • Key feature

    AI-powered optical character recognition (OCR) to capture invoice data, automate coding, and streamline approval workflows.

Stampli Pros/Cons

  • Advantage

    Automates GL coding efficiently

  • Advantage

    Centralizes all invoice communications

  • Advantage

    Includes a vendor interaction portal

  • Advantage

    Supports multiple payment methods, including ACH, checks, and virtual credit cards, without vendor fees

  • Disadvantage

    Only compatible with iOS devices

  • Disadvantage

    Difficult to delete invoices if errors occur

Tribal

Tribal

Best for MENA and LATAM Businesses

Geekflare rating score 4.2 out of 5
4.2
|
  • Integration
    Accounting and ERP tools
  • Cashback
    No
  • Virtual Card Type
    Visa Debit
Custom Pricing
Get Tribal

About Tribal

Tribal provides a complete financial platform for small and medium-sized businesses in the Middle East and North Africa (MENA), and Latin America (LATAM) regions.

Tribal offers hassle-free foreign exchange operations, on-demand revolving financing, real-time spend reports, and user role-based spending policies to boost your business.

Tribal’s virtual cards can be used for a wide range of transactions, from online advertising and subscriptions to business travel and international payments.

Tribal supports data encryption and real-time deactivation as well to reduce the risk of cloning and identity theft. They offer significant flexibility, with options for single-use or recurring payments, which can be tailored to specific expenses such as travel or digital ad spending.

Tribal has a complete suite of spend management and corporate card features, but they haven’t disclosed their pricing structure. You can contact their support team to inquire more about their subscription costs.

Tribal Features

  • Key feature

    Admins can define user roles and policies to monitor and control card usage.

  • Key feature

    Utilizes AI for credit approval processes.

  • Key feature

    Offers on-demand working capital financing with terms ranging from 30 to 90 days.

  • Key feature

    Provides advanced analytics and spend reports to give businesses deeper insights.

Tribal Pros/Cons

  • Advantage

    24/7 wire transfers

  • Advantage

    Short-term financing options through Tribal Pay, with a 3.37% fee on the combined card

  • Advantage

    Unlimited number of virtual and physical VISA cards

  • Advantage

    Integrated receipt management

  • Disadvantage

    Limited to VISA network

  • Disadvantage

    Limited Subscription management

Karta

Karta

Inbuilt Fraud Protection

Geekflare rating score 4.5 out of 5
4.5
|
  • Integration
    ERP Tools, API
  • Cashback
    No
  • Virtual Card Type
    Visa Debit
Custom Pricing
Get Karta

About Karta

Karta offers a powerful solution for managing corporate expenses with its smart virtual credit cards. These cards come with built-in fraud protection and can be tailored to specific expense levels and categories.

Each Karta virtual card can be fine-tuned with filters like amount, category, or time to avoid overspending. Plus, you can even create single-use cards, which keep company card details private and reduce any risk of fraud.

Karta virtual cards further collaborates with Visa’s Fintech Fast Track Program to expand its services using Visa’s worldwide payment network. You can use these cards across major platforms like Google Ads, Meta, Taboola, and TikTok and can even link them to specific vendors or services. For better security, you can use tokenization to generate unique, randomly generated codes for each purchase.

Karta cards let you complete payments, create specific budgets, and collaborate with your team, all in one place. You can contact the administrator for more details on their pricing.

Karta Features

  • Key feature

    3D Secure technology and multi-factor authentication to verify user identity.

  • Key feature

    Lock, cancel, and reissue cards instantly through the Karta dashboard.

  • Key feature

    Integrates with major payment processing solutions like Stripe.

  • Key feature

    Adheres to major financial regulations and standards, including PCI-DSS.

  • Key feature

    Monitors all transactions with an advanced analytics engine.

Karta Pros/Cons

  • Advantage

    Detailed monitoring of all card transactions

  • Advantage

    Detailed employee training resources

  • Advantage

    Advanced encryption and tokenization methods

  • Advantage

    Automates the chargeback process

  • Disadvantage

    Initial setup can be complex

  • Disadvantage

    Potential integration challenges

Extend

Extend

Best for Vendor Payment

Geekflare rating score 4.0 out of 5
4.0
|
  • Integration
    Accounting and ERP Tools
  • Cashback
    No
  • Virtual Card Type
    Visa, Mastercard, American Express
Custom Pricing
Get Extend

About Extend

Extend allows businesses to generate and oversee virtual cards by integrating with major financial institutions such as American Express, BMO, and others.

Extend provides businesses with the ability to create virtual card numbers for vendor payments, with customizable spending limits and expiration dates. This helps prevent fraud and makes expense reconciliation easier by categorizing expenses automatically.

Extend virtual cards could be sent as guest cards directly to contractors or vendors even without an Extend account. Plus, it lets you load your virtual cards into several mobile wallets like Apple Pay and Google Pay for instant use.

Extend integrates with accounting software like QuickBooks and Expensify and allows users to deactivate and reactivate their virtual cards for better safety.

Extend offers a demo call to brief you on their services and their virtual card offers. You can directly contact them to get your perfect plan along with its cost.

Extend Features

  • Key feature

    Automated reconciliation process.

  • Key feature

    Virtual cards can be loaded into mobile wallets.

  • Key feature

    Integrate Extend’s virtual card API into existing systems.

  • Key feature

    Adjust card details anytime, including spending limits and expiration dates.

Extend Pros/Cons

  • Advantage

    Easy API integration

  • Advantage

    Simplifies reconciliation

  • Advantage

    Automates vendor payments

  • Advantage

    Automate transaction tagging with expense category codes

  • Disadvantage

    Requires frequent updates

  • Disadvantage

    Dependent on Internet access

Emburse

Emburse

Best for Spend & Travel Management

Geekflare rating score 4.5 out of 5
4.5
|
  • Integration
    Accounting and ERP Tools
  • Cashback
    No
  • Virtual Card Type
    Visa, Mastercard Debit
Custom Pricing
Get Emburse

About Emburse

Emburse virtual cards simplify spending and travel management for businesses with features like flexible spending rules, mobile receipt capture, and automatic expense categorization.

Emburse features intelligent controls to prevent policy violations and surface anomalies, ensuring every expense complies with company policies.

Emburse’s real-time expense management feature offers immediate visibility into all transactions. It supports a strong control mechanism through pre-approval and policy controls such as spending limits and merchant category restrictions.

Emburse integrates with various tools such as CRM, HR, and productivity tools to track important data for businesses, including subscriptions, projects, clients, and tradeshows, with unlimited custom fields.

Emburse offers its virtual cards and expense management solutions in a single package. You can either take a demo or get over a quick call to learn more about their pricing plans.

Emburse Features

  • Key feature

    Unified platform that integrates with ERP, PNR, and TMC systems.

  • Key feature

    Automatically enforces travel policies and compliance.

  • Key feature

    Synchronizes travel and expense data across mobile devices.

  • Key feature

    Captures expense details at the point of transaction.

Emburse Pros/Cons

  • Advantage

    Real-time expense tracking

  • Advantage

    Automated policy compliance

  • Advantage

    Pre-approval process

  • Advantage

    Advanced fraud detection features

  • Advantage

    Crisp User interface

  • Disadvantage

    May need frequent updates

  • Disadvantage

    Limited customer support

Netspend

Netspend

Best for Everyday Business Spending

Geekflare rating score 4.0 out of 5
4.0
|
  • Integration
    Payroll and Accounting Tools
  • Cashback
    Yes
  • Virtual Card Type
    Visa Prepaid
$9.95/month
Get Netspend

About Netspend

Netspend prepaid card is designed to simplify financial management for small business owners. It has no minimum balance requirement or activation fee and helps separate business and personal expenses for clear financial records and easier tax preparation.

To make a secure online purchase, you can use a temporary virtual account number generated through the online account center linked to your Netspend prepaid card.

Netspend lets business owners issue additional cards with spending limits for employees to monitor spending effectively. You can use their mobile app, which offers convenience with direct deposits, check loading, balance monitoring, and transaction alerts. Plus, its Payback Rewards program provides cashback with specific purchases like on Burger King or Walmart.

Netspend prepaid card features a manageable $9.95/month fee and provides a daily spending limit of $7,500. Additionally, users can withdraw up to $940 daily from ATMs, with a fee of $2.50 per transaction for both in-network and out-of-network ATMs.

Netspend Features

Provides cash back with payback rewards.

  • Key feature

    Pay bills directly from your account using your routing and account numbers.

  • Key feature

    Transfer funds to friends and family easily and securely through the Netspend app.

Netspend Pros/Cons

  • Advantage

    No minimum balance requirements

  • Advantage

    No activation fee

  • Advantage

    Issue additional cards with controlled spending limits for employees

  • Disadvantage

    Overdraft fees apply

  • Disadvantage

    Limited customer support

Privacy

Privacy

Best for Secure Online Purchases

Geekflare rating score 4.0 out of 5
4.0
|
  • Integration
    Accounting Tools
  • Cashback
    Yes
  • Virtual Card Type
    Visa or Mastercard Debit
$5/month
Free Plan Available
Get Privacy

About Privacy

Privacy cards introduced in 2014 provide safe online purchases with robust privacy and security features. These cards are linked to specific merchants, with single-use cards expiring after one transaction. Virtual cards offer customizable spending limits and can be easily stopped or deactivated, allowing users to set transaction limits to maintain control over their finances.

Privacy lets you track real-time transactions, and its extra security features hide payment details to keep them confidential. This means that you can quickly shut it down without any impact on your real bank account or credit card.

Privacy offers different plans from the Plus plan starting at $5/month for 24 cards to the Pro plan at $10/month for up to 36 new cards, with a “Premium plan” for $25/month allowing up to 60 virtual cards. All paid plans include priority support, discrete transactions, and 1% cash back on eligible purchases.

Privacy Features

  • Key feature

    Internal and third-party audits to ensure compliance with PCI-DSS standards.

  • Key feature

    Automatically declines unwanted charges from subscriptions and free trials.

  • Key feature

    Accessible via web app, mobile app, and browser extensions.

Privacy Pros/Cons

  • Advantage

    Cards lock to first merchant used

  • Advantage

    Customizable spending limits

  • Advantage

    Effective subscription management

  • Advantage

    No credit check for sign-up

  • Disadvantage

    US-only availability

  • Disadvantage

    Foreign transaction fees on the basic plan

Revolut

Revolut

Best for Disposable Card

Geekflare rating score 4.2 out of 5
4.2
|
  • Integration
    Accounting Tools
  • Cashback
    No
  • Virtual Card Type
    Visa, Mastercard Debit
£3.99/month
Free Plan Available
Get Revolut

About Revolut

Revolut started in 2015, offers two types of virtual cards–disposable debit cards and multi-use debit cards. These disposable cards regenerate with a new, unique card number after each transaction, ensuring merchants only have access to a temporary number. This feature significantly reduces the risk of unauthorized charges and online fraud.

Revolut allows users to set a spending limit, lock cards to specific merchants, and track expenses in real-time. Not to mention, these cards can be linked to mobile wallets like Google and Apple Pay easily.

Revolut offers three plans – Standard, Premium, and Metal. The Standard plan is free and includes physical and virtual cards, as well as currency exchange. The Premium plan costs £7.99 per month and includes card customization and other perks, while the Metal plan costs £14.99 per month and includes free cash withdrawals, accounts for under 18s, express card delivery, and a 4.25% APY.

Revolut Features

  • Key feature

    Designed specifically for single-use transactions.

  • Key feature

    Disposable virtual cards are available without any additional fees for Premium and Metal account holders.

Revolut Pros/Cons

  • Advantage

    Instant card generation

  • Advantage

    Mobile wallet integration

  • Advantage

    Includes purchase protection up to £2,500 annually

  • Advantage

    Freeze, unfreeze, and control spending limits

  • Disadvantage

    Not for recurring payments

  • Disadvantage

    Inactivity disables card

What is a Virtual Card?

A virtual card is a digital payment card for online or contactless transactions that is usually linked to a company’s online payment solution and can be used for purchases on websites, apps, and contactless methods like Apple Pay.

Virtual cards give businesses more control over their spending by allowing payments without exposing primary card information. Businesses can customize spending limits and expiration dates for each virtual card, giving them greater financial flexibility.

Similarly, for comprehensive financial management, companies often turn to spend management software to improve their control and oversight of expenditures.

What are the benefits of using a virtual card?

Virtual cards provide benefits such as being environmentally friendly, secure, cost-effective, and allowing for easy expense monitoring, making them a practical and efficient alternative to physical cards. Here are some of the benefits of using a virtual card:

  • Environment friendly: Virtual cards avoid the usage of plastic, which makes them a sustainable alternative to physical cards.
  • Security: Virtual cards eliminate the physical risk of theft or loss, providing enhanced security for your financial transactions.
  • Expense monitoring: Virtual cards offer detailed expense tracking and real-time reporting, making it easier to monitor and manage spending, especially for contract employees. Expense cards for contract employees provide an effective way to streamline expense management and ensure accurate tracking.
  • Cost: Many virtual card providers offer low or no joining fees, making them a budget-friendly option compared to traditional credit and debit cards.
  • Convenience: Virtual cards can be used easily through mobile apps or online accounts, so you can make payments quickly without having to pass around a physical credit card.

How to Select A Virtual Card Provider?

When selecting a virtual card provider, prioritize security features such as Ghost cards for fraud protection. Look for user-friendly options that integrate with banking apps, customizable spending limits, and expiration dates. Consider features like reward programs, expense management integration, multi-currency support, and customer support.

Additionally, it’s essential to understand the types of payment gateways a virtual card provider supports. The right payment gateway ensures secure, efficient transactions and can make a significant difference in how your virtual cards perform across various platforms and regions.

What is the difference between a virtual card and a credit card?

Virtual cards are digital versions of credit cards that have unique numbers, customized spending limits, and expiration dates and can only be used for online purchases.

While credit cards are physical cards with a set credit limit that can be used both online and offline, offering more flexibility for different types of transactions.

What are other types of payment cards used besides virtual cards for business spending?

When it comes to business spending, virtual cards are not the only option available. There are six different types of payment cards besides virtual cards:

  1. Prepaid Card: Preloaded with a specific amount of money, used to control spending.
  2. Debit Card: Directly linked to a bank account, used for immediate fund withdrawals.
  3. Disposable Card: Single-use card for secure, one-time transactions.
  4. Ghost Card: Card number issued to departments or vendors for specific expenses.
  5. Forex Card: Used for making payments in foreign currencies, often with lower fees.
  6. Credit Card: Allows borrowing up to a credit limit, with repayment flexibility and potential rewards.