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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.

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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