Tipalti deploys a virtual corporate credit “card”

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

The virtual card offers the possibility of:

  • Automatically capture card transactions and process them like other payment methods;
  • Create on-demand credit or debit cards, with the ability to place controls such as spending limits, vendor limits, and approved categories;
  • Manage all purchases in one place, whether made with a Tipalti card, US ACH, global ACH, wire transfer, PayPal, prepaid debit card or check, and,
  • Earn cashback for every dollar spent through the Tipalti card, with rewards proportional to the number of purchases made with it.

“As transaction volumes continue to grow, high-speed enterprises are increasingly looking to streamline inefficiencies, manage uncontrolled spend, and break down the silos that impede both security and visibility,” said said Bar Winkler, CEO of Tipalti Card, in a statement. “With the Tipalti Card, we believe we have found an answer to these issues and more, with innovative new features that will completely reimagine the way finance executives structure their transactions.”
Currently, although Tipalti Card customers must have a US entity, the card will be accepted internationally and can be used for non-US dollar transactions. ERP support is compatible with NetSuite, with future ERP integrations to come.

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

Comments are closed.