Conext Card
Member
How are commercial prepaid cards helpful for small businesses?
We have 1 prepaid card and we only use it if we need someone to go pick up something. Someone running to a big box store, supply store, or to get fuel, but before they head out the door we know with in $50.00 of what they are going to spend and it takes 1 minute to log in and to transfer funds to the card for that trip. The only thing the card has been used for this year was to get fuel because I hate driving the box truck.
A prepaid card does not help your Paydex score so usage should be very limited.