PEX Card
PEX Card is a prepaid card mainly used by businesses to manage employee spending. Businesses can issue PEX Cards to their employees and staff with complete control over functions like, fund allocation, approved purchases, spending limits, etc. PEX Card accounts can be easily managed anytime, anywhere from a computer or mobile device. Businesses can also use these prepaid cards to transfer paychecks and salary to employees’ accounts.
Top PEX Card Alternatives
- Prepaidify
- NetSpend
- Payoneer
- AccountNow
- ACE Elite
- Mango Card
- Kaiku
- Walmart MoneyCard
- AchieveCard
- PayPower
- NexisCard
- Bento for Business
- MasterCard Everyday
- Akimbo Prepaid
- UPside VISA
Top PEX Card Alternatives and Overview
Prepaidify
Prepaidify Prepaid Card is an easy, affordable and secure way to manage your money and finances.
NetSpend
NetSpend provides MasterCard and Visa prepaid debit cards to users with fast and guaranteed approval.
Payoneer
Payoneer is a prepaid account service mainly used for local and international transactions and money transfers.
AccountNow
AccountNow Visa and MasterCard prepaid cards are available for users, who need a more secure and better alternative to cash.
ACE Elite
ACE Elite visa prepaid cards give users a more convenient and secure way to manage their money.
Mango Card
Mango Card is a prepaid debit card that can be issued to anyone with no activation money and no credit check requirement.
Kaiku
The main benefit of a prepaid card is that it removes the need of carrying...
Walmart MoneyCard
The prepaid cards are offered in multiple options with different features...
AchieveCard
The card works as a standard Visa debit card and can be used to make...
PayPower
The only difference is that a prepaid card must be loaded with money in advance...
NexisCard
Some of NexisCard key features include instant card replacement, online & in store shopping and...
Bento for Business
Eliminates petty cash, checks, expense reports, and paper receipts, saving businesses money and time...
MasterCard Everyday
Anyone can get a MasterCard even without a bank account or credit check and once...
Akimbo Prepaid
Akimbo Prepaid cards are linked with an account that can be used to manage up...
UPside VISA
Users can load money to their prepaid card with direct deposits, paper checks and cash;...
PEX Card Review and Overview
Pex is for small companies that wish to move up the ladder with a tight budget but high goals. It mainly helps in cutting the costs and yet staying on the top in the market. With over ten years of experience and having served over ten thousand businesses, Pex has the necessary experience in helping the organizations with spending right.
Pex, workforce spending platform for the new era
The Pex SaaS platform helps organizations give out prepaid cards to their employees and have complete control over how the card works and where it can be used. You can also give out cards to any volunteer and set rules on the card limit and monitor the expenditure made with the card. It allows real-time monitoring of the transactions made through the card. Alternatively, cardholders can use the app to share and receive receipts and account details. Pex also provides a robust set of APIs to seamlessly integrate with the organization's technology. The systems can be designed to act as an automated platform for handling payments and processing countless transactions.
Finance management by Pex
The platform is specially designed to control spending. Cash unavailability and cheque troubles are a thing of the past with Pex. The platform is simple to use, and the interface is smooth with categorization for individuals or group spending. The privileges can be set according to the department, and the cardholders can be given access to the card and set limits suitable to their role in the business. The purchases made be monitored in real-time and just as easily approved or rejected.
The insightful reports generated on the cash flow can be used to check and reallocate the budget. Such decisions can also be automated in the interface and save time and avoid human error. You can also integrate other software with Pex with the help of the APIs. The unique mobile app makes the whole process paperless and easy to use software that can be used anywhere, anytime and actions can be performed with just a click. Also, unlike old times where an employee had to spend from his budget and wait for reimbursement, Pex eases this by auto allocating money based on departmental needs.
Company Information
Company Name: Prepaid Expense Card Solutions, Inc.
Company Address: 462 7th Avenue, 21st Floor, New York, NY, USA
Founded in: 2007
Top Features
- Budgeting & Allocating Funds
- Requesting Funds
- Setup Spending Categories
- Spending Funds
- Receiving Funds
- Setup Spending Limits
- Enrollment Confirmation
- Admin Dashboard
- Personalized Cards
- ACH & Wire Transfer
- Dispersing Funds
- Transfer to Bank
- Adjusting Card Balances
- Suspending Cards
- Specifying Merchant Categories
- Communication Restriction
- Balance Informations
- Organizing Reports
- Overspending Prevention
- Expenses Management Integration