Why Every Business Needs a Virtual Card Strategy

It’s not surprising that many businesses and corporations might not understand the power of using virtual cards for their operations. Virtual cards are relatively new and have only recently begun to be utilized by businesses, but their adoption is growing incredibly fast and for good reason. So why should every business be using virtual cards? There are numerous benefits, the two biggest being security and control.

1. More security

Virtual cards work exactly like a physical card but the card information is provided virtually and is not printed on a plastic card, so there’s no card that can be stolen or lost. Virtual cards contain all the information you need to make a purchase, including a unique 16-digit number, expiration date, and 3-digit CVV code. This makes virtual cards just as useful as physical cards, but much less susceptible to theft and fraud.

2. More control over your business accounts

Create a virtual card for every subscription, business account, and online account you have. Need to cancel a subscription? Just cancel the unique virtual card you have assigned to the account. Need to cancel a card because of fraud? Cancel the card and don’t worry about it affecting all your other business accounts and simply create another virtual card in seconds. Want to trial a software subscription but don’t want to hand over your credit card number? Create a virtual card that expires in a week and when the trial subscription is over you don’t have to worry about being billed or the hassle of canceling.

Ready to try virtual cards?

KleerCard provides its businesses with unlimited virtual cards. Sign up today and start spending smarter.