
With so many companies being declined for credit and bank facilities, the Cashplus Business Prepaid Card is a great alternative to a corporate card or a business bank account.
The Cashplus prepaid card provides many of the same benefits and without the hassles and hefty charges.
100% instant approval guaranteed* – whatever your company's status
- No documents needed up front to open an account
- No credit checks
- No links to a bank account– separate borrowings from cashflow.
- Free deposits. Save if your bank charges per transaction
- Free internet banking – real time spend 24/7
- No purchase transaction or borrowing costs – only spend what you load
- Pay bills quickly and efficiently
Excellent as corporate and expenses cards
- No risk of overspending – employees can only spend what's loaded
- Reduce risk of fraud
- Track balance and spend instantly with free internet banking
- Top up employees' accounts while they're travelling
- Use wherever MasterCard is accepted
Cut Payroll time and processing costs
It can cost around £10 per company cheque once you've factored in banking fees and your own staff's salary and time, so you can save up to £52,000 per year in payroll costs alone.
The savings above were calculated using the following assumptions:
£10 cost per cheque issued based on assumed costs of £2 for payroll administrator, £2 for director sign off, £2 reconciliation, £3 query management including lost/stolen replacements and £1 banking and postage fees
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