Tipalti rolls out virtual ‘card’


Tipalti, which provides payment automation solutions, announced at its annual Illuminate Conference the release of its virtual corporate credit card, the Tipalti Card.

The virtual card offers the ability to:

  • Automatically capture card transactions and process them like other payment methods;
  • Create credit or debit cards on demand, with the capacity to place controls like spend limits, vendor limits and approved categories;
  • Manage all purchases in a single place, whether placed with a Tipalti Card, U.S. ACH, global ACH, wire transfer, PayPal, prepaid debit card or check, and,
  • Earn a cash-back rebate for every dollar spent via the Tipalti card, with rewards scaling to the number of purchases made with it.

“As transaction volumes continue to increase, high-velocity companies are increasingly looking to streamline inefficiencies, manage uncontrolled spending and break down silos impeding both security and visibility,” said Bar Winkler, general manager of the Tipalti Card, in a statement. “Through the Tipalti Card, we believe we have found an answer to these pain points and more, complete with new and innovative features that will completely reimagine how financial leaders structure their transactions.”
Currently, while Tipalti Card customers must have a U.S. entity, the card will be accepted internationally and can be used for non-U.S. dollar transactions. ERP support is compatible with NetSuite, with future ERP integrations coming soon.

At the same event, Tipalti also highlighted its product roadmap, saying it will be offering an expense management solution in 2023. It also announced several new third-party integrations, which include DocuSign, Datarails, CloudEagle, PowerBI and Tableau BI.

Products You May Like

Articles You May Like

46% of Americans continue to make this expensive credit card mistake
‘Billions of dollars get left behind’: The 401(k) industry now has a ‘lost and found’ for your old retirement accounts
Here’s why protecting Social Security may be a consensus issue for key group of women voters in the midterm elections
Top Stock Picks for Week of October 3, 2022
Arizona attorney general calls student loan forgiveness ‘unconstitutional’ in legal challenge to Biden’s plan

Leave a Reply

Your email address will not be published.