You have done everything you can to keep your company safe physically when you are a business owner. Companies implement strict security systems and make sure their employees carry proper company identification wherever they go while at work, but what about protecting your company virtually? It isn’t nearly as complicated as you may think, and many tools are available to keep cybercriminals and theft out of your business.
Virtual Debit Cards
One way to keep business owners and their accounts protected is through the use of virtual debit cards. Virtual debit cards prevent companies from using their physical debit card numbers for online purchases. This is done by generating a random number connected to the actual debit card for that particular purpose. They are processed just like a normal debit card but much more securely. There are also many other benefits associated with virtual debit cards.
Integration is Easy
Some businesses shy away from using virtual debit cards because they think it will make the process more complicated and harder to track, but this is completely wrong! With just one click, your accounts payable system is updated with the new data, and the purchase is approved can make your life as a business owner easier.
Rewards Programs and Rebates
Traditional cards aren’t the only ones that offer great customer reward systems. Just like conventional cards, virtual debit cards often offer cash-back options. The more you spend, the more you get back! You may want to use the money to throw a company party for your new security integrations.
Can Be Used With Pre-Paid Cards
Many companies are using pre-paid debit cards to heighten their business security. Pre-paid cards limit how much accessible funds are available by pre-loading the amount into the pre-paid card’s account. Unfortunately, while this may limit the damage a cybercriminal can do to your accounts, it still doesn’t prevent them from stealing the amount loaded on the pre-paid card. WhenYou are effectively protecting your company’s assets when implement virtual debit cards and pre-paid cards, yet Ease of Use
Virtual debit cards are no more complicated to use for online purchases than traditional credit cards. Like with typical credit cards, you type in the issued number and information, and your payment is processed as soon as you make the purchase.
Virtual debit cards are a great idea for your business payments, no matter what industry it happens to be in. These card numbers are untraceable and have a level of protection that any other system can’t offer. Keep your company safe from cybercriminals and theft, and incorporate virtual debit cards into your business today!