Congrats, you've made your first online payment with our virtual card! Your wallet is also proud of his new purple card. But how do Spendesk cards work? Are they different from the other payment cards in your wallet? Let's deep dive.
Our cards in general
Whether virtual or physical, our Spendesk cards are debit cards with systematic authorization from the Mastercard network. For the United States, we use the Visa network. Our cards are accepted throughout the Mastercard or Visa network.
Before any purchase, the merchant makes sure you have enough money on your card. It's how systematic authorization works. Furthermore, no overdraft is possible; in other words, you cannot spend more money than is loaded on the card.
Spendesk virtual cards
For your online purchases, we offer two types of virtual cards:
Single-use cards are designed for single online purchase with a defined amount. They are valid for one month, helping to reduce the risk of fraud. Once your purchase is settled, the remaining funds on the card automatically return to your Spendesk account.
Regarding recurring payments cards, they are slightly different. They work with a monthly budget refilled automatically at the beginning of the month and are valid for 4 years. Particularly useful for paying subscriptions or recurring expenses at the same merchant!
A virtual card works like a physical card: it includes a 16-digit number, an expiration date and a CVV number. It also supports 3DS for online purchase verification.
Spendesk physical cards
Spendesk physical cards are part of an additional module. If you are interested, contact your Spendesk Customer Success Manager.
Our physical cards work like classic Mastercard: you have a secret PIN code that you receive by SMS when the card is activated.
They are valid for four years.
To pay, you have a monthly budget defined by your manager. Your card is reloaded automatically on the 1st of the month. If you run out of budget before the end of the month, you can always request a top-up from your Spendesk account or our mobile app.
After your first purchase, contactless payment is activated automatically. As for cash withdrawal, it is possible, but only if your manager activates it on your card. For the moment, we do not yet support Apple Pay or Google Pay technologies.
Although not recommended for online payments, our physical cards are also equipped with 3DS.
And to easily manage your physical card, don't forget to download our mobile app!