Use wallets to control the distribution of funds to users and expense centres, allowing them to spend via cards up to the available balance.
Support employee spend, providing each with a wallet and a Soldo Mastercard.
Configure expense centres according to your organisation’s needs. Create additional wallets to divide funds into discrete money pools, each supporting a single or multiple Soldo Mastercard cards.
A multi-currency platform
Your account can hold GBP, EUR or USD through wallets denominated in each of these currencies.
Exchange currencies within your account in real time and at a competitive rate, achieving significant savings compared to traditional banks.
Cards for employees
Give named Soldo Mastercard cards to your employees for their spending. Soldo Mastercard cards are chip & pin, contactless capable and accepted by over 41 million merchants across in the world that accept Mastercard payments.
Plastic cards can be ordered at any time from within the web console and are delivered within a couple of days.
Virtual Soldo Mastercard cards can be created and used immediately.
Cards for expense centres
Create Soldo Mastercard cards with the name of your department – plastic for in-store purchases and virtual for online.
Provide access to these cards to all employees who must be able to spend on behalf of your organisation.
Easy payment control
Provide every employee with their own Soldo Mastercard and the possibility to monitor available money and transactions in-app.
Transfer funds to wallets in real time and set up periodic and automatic transfers.
Block and unblock the Soldo Mastercard cards as and when they are needed.
Frequently asked questions
No. With Soldo your users can only spend the funds that you’ve transferred to their wallets. Their balances are updated in real time and we’ll never charge interest on purchases. What you see on the screen is what is in the wallet – in real time, all the time. This applies whether you’re looking at the Soldo web console, or your users are looking at the Soldo smartphone app.
Sometimes when you make purchases online you need to enter cardholder details. Even for when you are using a card of an expense centre, we suggest you enter your own name and the address of your company. If you can’t remember the address of your company, it is easy to find in the Soldo app.
Yes you can, but you’ll not be getting the full advantages of Soldo! Both plastic and virtual cards can be used without the Soldo mobile app. The mobile app’s unique features include:
- The ability to upload your receipts as soon as you complete the purchase
- The possibility to track expenses in real time
We recommend that you download the mobile app in order to get the full Soldo experience along with the real-time notifications on App Store for iOS and Google Play Store for Android.
Yes, security deposits for hotels or car rentals can be paid with your Soldo card. The transaction amount will appear as “pending” and once the merchant has approved the transaction, it will be settled and deducted from your Soldo wallet balance. As Soldo is a prepaid card, you will always have to make sure your Soldo wallet is loaded with enough funds to cover the security deposit amount.