How to Send a Virtual Card | Extend Academy

Use Extend to easily create and send virtual cards on demand with the business credit card you already use.

You can send a virtual credit card to anyone in your organization who needs to charge a business expense, including team members, contractors, vendors, or even yourself.

Fund a virtual card from your registered credit card or from a budget allocated to you by your finance team.

Use virtual cards to:
- Empower your workforce: Allowing employees to pay with a virtual card is more convenient and ensures you can manage business purchases securely and efficiently, enhancing overall employee spend management.

- Pay vendors quickly and easily: Using virtual cards ensures speedy and effortless transactions, making them ideal as a freelancer payment method or to take care of vendor and subscription payments.

- Manage expenses by client or project: Virtual cards for spend management unlock precise tracking of expenses on a client or project basis, offering a sophisticated solution for company spend management.

- Capture more data: Each virtual card transaction provides detailed data, aiding in reconciliation and analysis for CFOs and financial teams looking for payment innovation.

- Streamline bookkeeping: Simplifying your accounting processes is simple with a spend management app. Simply integrate virtual cards with your accounting software and watch bookkeeping and reconciliation become more efficient and accurate.

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Chapters:
00:00 Introduction
00:14 Choose the recipient
00:31 Name your card
00:42 Choose the funding source and credit limit
00:53 Determine the active until date
01:14 Select any expense categories
01:38 Add attachments
01:49 Include any notes
02:09 Create the virtual card

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