Trusted by over 60,000 businesses
Prepaid cards that give you more
With Soldo, you aren’t just getting prepaid business cards. You’re getting a full spending solution that gives you complete control and visibility over staff expenses and outgoings.
- Complete Flexibility
Give prepaid Mastercard cards to any number of employees. Set bespoke budgets and rules to manage company spending before it happens.
- Effortless Expenses
Simplify the entire expense reporting process and save your staff time. Snap a photo, record details and add notes instantly at purchase.
- No Credit Checks
Get up and running in minutes, with no credit checks needed. Plus no transaction fees and no deposit fees.
- Track Spending
See business spending as it happens with real-time visibility of activity on each Soldo card. No more nasty surprises at the end of the month.
Soldo prepaid debit cards: everything you need to know
With Soldo’s prepaid cards, you can give a company card to any individual or department that needs one. You then decide the budget for each card – plus any rules about how it can be used.
Soldo is a fuel card, FX card and general expense card all rolled into one. Whether they’re using it for travel expenses, entertainment expenses or simply getting what they need to do their job, Soldo gives you total control over how employees and teams use company money.
Your finance team can track and manage your business spending, and your employees get autonomy and flexibility over how to spend their budgets.
You can manage every aspect of your cards from Soldo’s online admin console: check cardholder activity, make free and instant money transfers, freeze cards and more.
Prepaid business cards are the next evolution of business debit cards and company credit cards:
- Unlike debit cards for business, you’re not giving employees access to the company account.
- Unlike corporate credit cards, no employee can run up any debt – and there are no credit checks needed to get started.
You can sync your expenses and spending data with Xero, Quickbooks Online, Sage or any other accounting software that allows you to upload data in just a few clicks. So say goodbye to the errors and wasted time that come hand in hand with manual data entry.
Choose Soldo for the best prepaid cards
5 stars – Soldo has been a great addition to our functionality in the finance team; we’re able to empower trusted users to make spending decisions whilst maintaining oversight and control.– Martyn Sexton, Finance Manager, Secret Escapes
Soldo revolutionises the traditional company card. We don’t charge for transactions or deposits – plus, our apps and online console enable you and your staff to manage and track spending entirely online.
Integrate your spending and accounting systems
Soldo runs entirely in the cloud and integrates with your chosen accounting platform to save time and eliminate errors.
Manual data entry causes headaches for growing businesses and established organisations alike. By automatically sending data to accounting software, Soldo gives you accurate accounts that are reconciled in just a couple of clicks. So there are no more inaccurate records or missed VAT deadlines.
No credit history needed
Because there’s no debt involved in prepaid cards, we don’t check your credit history when you sign up. So if you’re just starting out and haven’t built up a credit score, it isn’t an issue. And as you never have any credit to pay off at the end of the month, you can’t damage your credit score.
This makes Soldo the natural choice for new businesses – or anyone who’s been burned by company credit cards in the past.
Traditional business spending solutions restrict staff and lead to poor spending practices, as any business owner who’s had to hunt down the company card knows.
With Soldo, anyone that needs a company card gets one. They’re responsible for their spending, but you can limit how much they spend – and where they spend it. You won’t have to run through endless expense sheets at the end of each month, or wait 30 days to see what’s on the statement. And your staff won’t have to spend their own money, putting themselves out of pocket until payday.
A plan for any business
SMEs can get started with Soldo with a Soldo Pro plan which is ideal for smaller teams. That gets you access to all of Soldo’s core features, including:
- Prepaid cards, mobile app and administrative web console
- Spending controls for each user including limits, rules and budgets
- Accounting integrations with Xero, QuickBooks Online, Sage and more
- On-the-spot receipt capture and enriched transaction data
- Free deposits and withdrawals from domestic accounts
- Instant and free fund transfers to users
- Automatic card top-ups
- Permissions and roles for users
- Live customer support
Need advanced controls, reporting or functionality? Upgrade to a Soldo Premium plan for even more features.
- Customisable cards for teams, projects or company expenses
- Configurable roles for users: admins, managers, external bookkeepers and others
- Advanced reporting with filters by period, currency, user and more
How does a virtual card work?
Virtual cards work by giving you a unique account number that employees or departments can use to make payments or purchases online. They’re almost identical to traditional prepaid cards – but instead of sending you a physical card, everything is online.
What does virtual card mean?
Virtual card means a type of business spending account that’s used for making purchases online. They’re used by businesses of all sizes to empower employees to make their own purchasing decisions – and save the finance team time.
What is a virtual debit card?
A virtual debit card is a type of debit card that is used exclusively for making online payments. They tend to be used for security purposes, enabling individuals and companies to process online transactions that aren’t tied directly to their primary account.
Virtual prepaid cards bring several advantages over virtual debit cards. They’re easier to manage, and don’t need to be tied to a primary debit account. So you can set up as many new cards as you need, instantly.
How do I get a virtual credit card?
You can get a virtual credit card by signing up with a credit card provider that allows virtual account numbers for single-use transactions. So you’ll still need a credit check, and you’ll need a physical credit card before you can get started.
With virtual prepaid cards, there’s no credit check involved – and there’s no risk of employees running up debts.
Can I use a virtual debit card in an ATM?
No, you can’t use a virtual debit card in an ATM. There’s no physical card, so they’re mostly used for online transactions – anything that requires a Chip and Pin won’t work. With Soldo, you can use digital cards alongside physical prepaid cards that can be used in ATMs.
Can virtual cards be used in store?
Most virtual cards are intended for processing online transactions first and foremost. Some can be used with services like Google Pay and Apple Pay to make payments via your smartphone, though.