Virtual credit cards are now a standard for doing business. In a world where fraud is more prevalent than ever and can cost businesses millions of dollars, Virtual Cards are the answer.
Research suggests that 86% of consumers were the victim of some sort of credit or debit card fraud, identity theft, or data breach in 2020, up 6% from the previous year*. By using a virtual card like Tradeshift Go, you can reduce the risk incurred with data theft and protect your organization’s spending.Companies turn to Tradeshift Go as their virtual credit card solution to:
Give your employees a card for a requested purchase in a few seconds. It’s virtual, so it can’t fall into the wrong hands.
Unlike traditional commercial cards, every transaction on Go is pre-approved, by you. A virtual corporate credit card is only issued once you have approved.
See everything you’ve approved in one place. It’s like a credit card statement without the fine print. Easy.
Tradeshift Go provided a replenishable virtual card for each supplier that can be deactivated when charge fraud occurs
Read more on how Tradeshift Go business virtual credit cards can help your company