Paystand Blog

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

What is a virtual expense card?

Virtual expense cards are like prepaid cards that employees can use to securely make purchases online and over the phone. These cards work exactly the same way as physical cards and allow businesses to issue 16-digit card numbers in just a few clicks. To the merchant, the transaction looks no different than any other payment, but neither the employee nor the merchant has access to your bank information, adding a layer of security to the transaction.

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Eduardo Lopez Eduardo Lopez on July 16, 2020

ecommerce, magento, payment gateway, Payment Processing, Integration

Simplifying Transactions with Virtual Terminals

The end goal of any payment processing system is to offer a convenient way to transfer economic value securely. This is a very important step in any business as customers have to trust the system to buy services or products. With that being said, not all payment systems are the same. Virtual Terminals provide better overall value in comparison with traditional Point of Sale systems. Not only are they easier to use and understand, but also involve easy setup while maintaining flexibility and providing better value for merchants and customers alike.

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Anindya Chanda Anindya Chanda on July 31, 2018

B2B Payments, payment gateway, virtual terminals

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