Six reasons a prepaid expense card program beats traditional credit cards

Michael Noles of PEX Card gives his reasons why using prepaid expense cards rather than traditional credit cards is a good strategy for owners of special event companies

With a compelling need to control expenses and limit risk, many special event professionals with staff oversight responsibilities are uncomfortable handing over a business credit card to their team members to purchase supplies, pay for equipment rentals, or cover necessary travel expenditures.  But these supervisors now have a game-changing option: corporate prepaid expense card programs. These programs provide the perfect mix of credit card convenience with an online, real-time ...

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Discuss this Blog Entry 2

on Aug 26, 2013

Thank you Mr. Noles. As a new business owner, company credit cards are not an option for me right now. But I will invest in pre-paids after reading your article. Thanks again!

Janice
JazzEvents

on Apr 17, 2014

Credit card and debit card both have their advantages and disadvantages. So which one is really better with price, identity protection, and fraud protection? Electronic payments accounts for more than 65% of regular bill payments, and that percentage is only increasing. Debit and credit cards have become the payment methods of choice over cash because of their convenience, but which type of card is safest when it comes to protecting consumers from fraud? Source: http://personalmoneynetwork.com/moneyblog/2010/01/10/word-education-pers...

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