6 Reasons Why Prepaid Debit Cards Are Good for Travelling Sales Agents

Over the years, we have seen debit and credit cards become very popular among different demographic groups. People nowadays prefer having cards instead of walking around carrying money in their bags or pockets. Prepaid debit cards are now widely used by businesses, especially when a business has traveling sales agents. Unlike credit cards, a prepaid debit card only allows one to spend whatever amount is on the card.

Most businesses and organizations have realized that providing their agents, who move around or are not located in the main business premises or area, with business cards can bring the business and the traveling sales agents some benefits.

Let’s see some of the reasons why prepaid debit cards are recommended for traveling sales agents.

They can help to budget the traveling sales agents’ trips and discourage overspending

The prepaid business card only allows one to spend the amount loaded in the card; organizations provide only the amount of money that the traveling sales agent needs for the trip. With just a standard credit or debit card, one can find him or herself on a spending spree since it’s not his or her money, and this is not what is required from a traveling sale agent. A prepaid card acts as a leash to control the amount of money spent and help make a budget that caters to only the essentials of the business trip.

It is safer for the traveling sales agent to carry a prepaid debit card than wands of cash when traveling

We all know the frustrations that come with carrying huge amounts of money, especially when traveling. One may not have peace of mind as they are always worried about its safety due to the possible risks. However, having a prepaid credit card eliminates all this worry since the risks of losing money are significantly reduced for both the business and the traveling agent. Prepaid cards for sales agents also provide instant access to cash when the need arises. Myenvoyair is a regional airline operating in America since 1984. Formerly American eagle airlines, its maiden flight took off on November 1, 1984, and was operated by metro flight.

Helps the organization and the traveling sales agent avoid building credit

Unlike using a credit card, users of a prepaid debit card only spend the money loaded into the business card and not borrowed money. Using credit cards can be more expensive to the issuing organization as they will be required to pay the amount borrowed together with the interest. The credit may accumulate if the sales agents overspend, and this may end up affecting the organizations credit score if they don’t repay the money in time.

Provides many options for recharging or reloading cash into the card

If the traveling sales agent needs extra money recharged into the business card, the organization or business has several ways to do so. The business can deposit directly from the bank account or use online payment methods like PayPal. Other options include using mobile money to reload and many more upcoming methods. The methods of reloading the cards are similar to reloading credit and debit cards.

Loses to the organization or business can be limited when the card is stolen or misplaced

The prepaid business cards offer the same protection as other credit cards. In case of loss or fraud, users should report immediately to help the issuer prevent expenditure. Also, the organization can closely monitor the card and confirm with the traveling sales agent whenever there is an irregular expenditure.

They are accepted in many places

Prepaid credit cards have become a common thing in most countries, and it is spreading all over the world. For this reason, it is accepted by most businesses for use, meaning one can use it to purchase and make payments in different parts of the world. This eliminates the need to go through the trouble of currency exchanges as it can be done as you pay through the card.

Conclusion

The use of prepaid cards for sales agents has increased as organizations and businesses seek to properly manage finances issued to traveling sales agents. For this reason, expense account managers like are becoming very important to ensure proper expenditure. This ensures the organization keeps tabs on how employees spend money.

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