In this blog, we are looking at the best virtual card for your business.
Who doesn’t like capturing wonderful moments of their life? A photo can freeze a fleeting smile, hold onto the sparkle in a child’s eyes, or preserve the joy of a shared laugh long after the moment has passed. Photographers are the ones who help us transform these moments into timeless treasures.
Imagine that you are a busy photographer in the town. Throughout the day, you keep running from one event to another, capturing everything from the laughter of a family reunion to the elegance of a bride’s walk down the aisle. You have two assistants for carrying the light and adjusting the equipment and two other employees for editing the thousands of photos that pour in after each shoot. These four are your trusted team, the backbone of your business.
Since the orders you are getting are increasing day by day, you have recently expanded your business. Now your four employees are head of four teams. The first team handles the client orders, the second team assists you in photography, the third team does the editing job, and the fourth team is responsible for creating high-quality prints, albums, and other physical keepsakes for your clients.
Everything is quite smooth now, and you are able to peacefully focus on what you love, which is capturing moments. The only thing that concerns you or disturbs you is that each time when the team needs any money for something, they have to personally contact you and you need to make the payment in the middle of taking photos. As a solution to this, you thought of giving access to your business account to your team, but the problem with this is you will not have a clear idea of which team is spending how much.
After researching on the internet for a while, you found the perfect solution for your problem: virtual cards from Zil.US. Before looking at how the virtual card from the cloud-based platform helps you, let’s understand a bit about virtual cards.
Make Payments Easily with Virtual Cards
Virtual cards are digital versions of physical cards and can be created and sent easily with Zil.US. They are instant payment solutions. That is, your payee receives the payments the moment you send them. This means that with virtual cards, you can eliminate all the delays associated with traditional payment methods. You can even set them as one-time usable, which mitigates the risk of fraud.
For making virtual card payments with Zil.US, you should first fill your wallet because that is from where funds get deducted when you make a payment. You can easily fill your wallet from your business checking account and recharge it whenever it becomes empty via the same method. The cloud-based platform allows you to make virtual card payments at any time. You can make the payment even on holidays and weekends, ensuring that your team never has to wait for funds.
Why Virtual Cards Are the Best for You?
You may create any number of virtual cards from Zil.US. You can then give each of these cards to each team. This allows you to easily manage your business finances by allocating funds based on each team’s needs while keeping everything organized. You can even set spending limits for each of these cards, which helps you in controlling spending.
In the case mentioned before, you can give separate cards to all four teams. This means that your team does not want to contact you for settling payments, and at the same time, you have control over the spending of each team. Your team can spend accordingly without hitting your main account.
Alternatives To Virtual Cards
Zil.US offers multiple other payment options in addition to virtual cards. Some of them are ACH, wire, etc. ACH is one of the low-cost B2B payment methods you can have. The platform is an official member of NACHA, which is the regulating body that controls and monitors the ACH network via which ACH payments are processed.
You can make both international as well as domestic wire transfers with the platform. International wire transfers are usually completed within a few days, depending on the destination. Meanwhile, domestic wire transfers are usually completed within a few hours.
Conclusion
Businesses can get the best virtual card from Zil.US. The platform’s virtual cards are customizable; you can set spending limits and even set them as one-time usable. The ability to set spending limits helps you maintain full control over your business finances. By utilizing virtual cards, you can empower your team to make payments independently while maintaining visibility and control over your finances. The cloud-based platform offers other payment options, such as ACH, wire, and more, which are easy to use and affordable.
