Corporate Spending Innovations Infographic: Why Ghost Cards Are Nothing to Fear | Industry Insights | All MKC Content | ANA

Infographic: Why Ghosts Cards Are Nothing to Fear

How virtual payment cards can help marketing organizations streamline the reconciliation process, avoid fraud, and more

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Ghost cards, which are a type of virtual credit card, allow employees to pay suppliers securely for multiple or recurring transactions over a long period of time. These cards have gained popularity in the media industry, particularly with social media ad payments.

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Why ghost cards are nothing to fear.

A single card can be created per campaign or client with the ability to set transaction limits by amount or cycle.

Marketing organizations have the flexibility to create as many ghost cards as they want and adjust spending limits and authorized users as needed.

The cards simplify the reconciliation process, eliminate the opportunity for late payments, fraud, and duplicate payments, and ensure that vendors are paid promptly every month.

Here's a closer look at the limitations of traditional corporate payment cards and how ghost cards can help.

Liane Sanson is the SVP of global sales at Corporate Spending Innovations, Inc.


 

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