Prepaid cards. They’re easy to get, safer than cash, and good for the budget. Similar to a gift card, a prepaid card holds a pre-paid amount of cash and limits how much the user can spend, but unlike a gift card, prepaid cards do not limit what or where the user can buy. So how can a prepaid card user keep track of multiple purchases, as they would for a credit or debit card?
Imagine this. A prepaid card is loaded for an employee before she leaves for her business trip. While on the trip, she spends money on gas, breakfast meetings, and hotel charges. When she returns the card after travel, her company wants to know what specifically she spent company dollars on. Believe it or not, they can keep track of her purchases, even on a prepaid card. Here’s how it works.
With the Itemize app, data from e-receipts or paper receipts are captured, showing the balance left on the prepaid card. The receipts are linked to each transaction, enabling the user to see where money was spent and what it was spent on. Prepaid card users no longer have to worry about being able to track their purchases; the Itemize app eliminates that worry entirely. Prepaid card users can feel confident trusting Itemize with their receipts.
Revolutionize the way your company does expense management, or the way you track your personal expenses. Download the Itemize App on the App Store, Google Play, or the Amazon Appstore today.