Corporate Solutions

State Bank Of India & BankIT : Partners In Corporate Prepaid Card Programs

What is PERC? PERC stands for Prepaid Expense Reimbursement Card. It is a simple and modern payment platform designed to help corporates customize card use. Cards can be configured to make it easier to  employees, contractors, and others for their business-related expenses.

With PERC, you can forget about paper checks and long wait times. This card makes the reimbursement process fast, secure, and hassle-free.

Why Choose PERC?

• Configure: Unlimited ways to configure to exactly suit your demand for care use.
• Fast & Easy Onboarding of Corporates: End to end digital journey, instantly.
• Simple & Convenient: No need for paper checks or complicated bank transfers. Reimbursements are sent directly to the PERC card.
• Visibility of Spending Control: View dashboard and decide how and where funds can be used.
• Safe & Secure: Advanced security features protect cardholder data and prevent fraud.
• Cost-Effective: Reduce costs associated with issuing checks or using third-party payment services.

Introduction

What you get is a combo pack of: Portal; powered by a card configurator, a crisp Mobile App; along with latest Prepaid Card.

Corporates can digitally onboard, manage users, issue cards instantly through a multi-functional portal. While cardholders enjoy seamless access via iOS and Android card apps. The Prepaid card platform allows customization of transaction channels (ATM, POS, e-commerce), Merchant Categories and Customizable spending limits providing full control over card usage and budget management.

Take control of your corporate finances with our all-in-one solution. The Employee Expense Tracking App and Mobile Card Control features, paired with a user-friendly Corporate Financial Mobile App, make managing expenses seamless.

You would be provided with a multi-functional portal, that can be used for card issuance and management optimal for corporate user management.

Benefits

• Corporate
  End-to-end digital experience control: Onboarding to Digital card management
  Corporate gets to split functions based on departments and roles
  Configure cards on the go, include all current card variants and add a close loop in the future
   
• Cardholder
  iOS and Android native apps
  Loading requests Channel activation, limit setting, and management
  
   

Use Cases

1. Expense Prepaid Card

• Streamlines Expense Tracking:
  Expense prepaid cards provide real-time visibility into spending, making it easier to monitor and manage corporate expenses.
   
• Reduces Reimbursement Delays:
  Employees can access funds instantly, eliminating the need for out-of-pocket spending and reducing reimbursement processing time.
   
• Improves Budget Control:
  Set predefined spending limits on cards with this corporate budgeting tool to ensure adherence to corporate budgets, preventing overspending and unauthorized transactions.
   

2. Incentive Reward Cards

• Boosts Employee Motivation:
  Incentive prepaid cards offer a flexible and immediate reward system that supports employee incentive management, allowing employees to use it anywhere, increasing motivation and engagement.
   
• Simplifies Reward Distribution:
  Prepaid cards streamline the distribution of incentives, making it easy to allocate rewards across the company, regardless of location.
   
• Customizable and Brandable:
  Companies can customize and brand prepaid incentive cards, reinforcing corporate identity while rewarding employees.
   

3. Sales Performance Cards

• Motivates Sales Teams:
  Sales prepaid cards offer immediate, tangible rewards for performance, boosting motivation and driving higher sales results.
   
• Facilitates Targeted Incentives:
  Easily allocate and adjust sales team rewards based on sales achievements, enabling customized and goal-oriented incentive programs.
   
• Streamlines Reward Management:
  Simplifies the process of distributing and tracking sales incentives, reducing administrative workload and ensuring timely recognition.
   

4. Driver Fuel Cards

• Allow Fuel and Cash:
  You can target the use of company funds to be used by employees. Prepaid cards offer control over spending, reducing administrative burden and simplifying expense methods.
   
• Set Daily Limits:
  Set spending limits on cards to ensure budget control, preventing overspending and unauthorized purchases.
   
• Increased Security:
  Prepaid cards reduce the risk of fraud and theft by limiting exposure to only the preloaded amount, ensuring safer transactions for both the company and employees

Onboarding Process

Signup
Complete the registration process to unlock our full range of corporate solutions.

Onboarding Tracker
You can track onboarding progress in real time to stay updated on its status.

Login
Once the signup is approved, you can create your login, start using the portal, and enjoy all its features.

Dashboard
Your dashboard is a central hub for managing all corporate expense tracking and corporate activities.

To register your Interest: Click here