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WEX virtual cardsWEX

WEX virtual cards offer a secure, efficient way for businesses to pay suppliers, streamline processes, and earn rebates while reducing fraud risk.

Vendor

Vendor

WEX

Company Website

Company Website

Product details

WEX virtual cards provide businesses with a modern, secure method to pay suppliers and streamline accounts payable processes. This digital payment solution replaces paper checks with single-use virtual card numbers, enhancing security and efficiency while generating rebates.

Key Features

Single-use virtual card numbers WEX generates unique virtual card numbers for each transaction, enhancing security and control over payments.

  • Reduces risk of fraud and unauthorized use
  • Enables precise spending limits and controls

Cloud-based payment platform WEX's intuitive cloud platform centralizes payment processing and management.

  • Streamlines payment workflows and approvals
  • Provides real-time visibility into payment status

Supplier enablement services WEX works directly with suppliers to maximize virtual card acceptance.

  • Educates suppliers on benefits of virtual cards
  • Onboards suppliers to accept virtual payments

Benefits

Cost savings Virtual cards eliminate expenses associated with paper checks and manual processes.

  • Reduces check printing and mailing costs
  • Minimizes time spent on manual payment tasks

Enhanced security Single-use card numbers and built-in controls reduce fraud risk.

  • Prevents exposure of actual account details
  • Allows setting of precise spending limits per transaction

Financial incentives Businesses can earn rebates on virtual card spend.

  • Generates new revenue stream from payments
  • Improves cash flow through rebates
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