Why Corporate Cash Passport?
Simplifying Business Travel
Corporate Cash Passport can be used as an alternative to cash, travellers cheques and corporate credit/debit cards. The Cards are all managed by the company centrally, online via Corporate Cash Passport's proprietary Card management system.
- Cards can be loaded in British Pounds, Euros or US Dollars
- Pre-loaded by the company, allowing greater control over employee expenses with instant issuance
- Use Corporate Cash Passport to withdraw local currency from an ATM or pay for goods and services at Point of Sale worldwide, just as you would with a corporate credit card
- 24/7 multi-lingual support if the Card is lost or stolen
- Full reporting and Management Information
- Ideal for staff who may not qualify for a corporate credit card
Corporate Cash Passport is in use across a number of different verticals.
We have products for:
- General business expenses
- Per diem
- Maritime payroll
Corporate Cash Passport Solutions
We have developed several versions of the Corporate Cash Passport for different specialised applications.
Corporate Cash Passport is a prepaid business expenses card that can be used at millions of ATMs and retailers around the world to withdraw local currency or purchase goods and services.
It enables companies to monitor and manage their business travel expenses more efficiently by centralising all expenditure. No more travellers cheques, messy cash deliveries or budgetary control issues. It is a great alternative to a corporate credit card.
Provide customers or employee's with a Corporate Cash Passport and eliminate the need to issue timely paper cheques or arrange bank transfers, delaying the customer’s or employees access to funds.The payout card is a great solution for paying staff, suppliers commission or incentives.
For airlines, the Corporate Cash Passport provides a more cost effective and streamlined payment process with audit trails and a centrally automated loading platform. Your business and crew could benefit in many ways.
When you need to issue payments to staff or customers quickly and with limited time, a centrally managed system will allow you load pre-issued Cards at the touch of a button.
Corporate Cash Passport In Action
PER DIEM EXPENSES THE EASY WAY
Corporate Cash Passport has developed several different solutions for the airline industry. To manage the allocation of Per Diem crew expenses, Virgin Atlantic Airways have Crew Cash Passport cards that can be used for their crew’s business travelling expenses. As the crew board the plane, their allowance for the trip is loaded centrally.
TAKING THE PAIN OUT OF COMPENSATION
British Airways is one of the world’s largest international airlines. Carrying around 36 million passengers between 600 destinations each year, it prides itself on the quality and efficiency of its customer service.
Even in the best managed airlines, there are always occasions when passengers need compensating (for example, when flights are delayed or cancelled, or luggage is lost or damaged). To provide the best possible service in these often difficult circumstances, British Airways has always offered immediate compensation. Previously, cash or vouchers were used but these took a lot of time to process, were difficult to manage and vulnerable to theft and fraud. For cash disbursements at airports, compliance with EU legislation is required, so finding an improved solution was paramount.
British Airways have an innovative prepaid card programme from Corporate Cash Passport– they are now able to offer a worldwide compensation card to immediately recompense passengers for lost or damaged luggage, or for downgraded or cancelled travel.
THE PREPAID BUSINESS EXPENSES CARD THAT SAVES TIME AND CUTS COSTS
The Corporate Cash Passport is a prepaid business expenses card that can be used at millions of ATMs and merchants around the world to withdraw local currency or purchase goods and services.
It enables companies to monitor and manage their business travel expenses more efficiently by centralising all expenditure. No more travellers cheques, messy cash deliveries or budgetary control issues.
Instead, the Corporate Cash Passport is a prepaid travel card, loadable at the touch of a button in Euros, US Dollars or British Pounds. It’s the ideal way to get foreign travel money or per diem expenses straight into the hands of employees with a minimum of administrative waste and a valuable audit trail with robust Management Information.
Corporate Cash Passport In Action Continued
MAKING EVERY PENNY COUNT
Corporate Cash Passport enables charities to monitor and manage expense payments more efficiently by centralising all expenditure. No more travellers cheques, messy cash deliveries or budgetary control issues.
The Card offers a secure alternative to carrying large amounts of cash. It is also a great solution in countries where local controls regulate the amount of physical cash that can be attained or moved across borders, for example South Africa.
Unlike corporate credit cards, the Corporate Cash Passport can be issued instantly by the charity to any employee, volunteer or contractor without the need for credit checks or UK residency. Charities are responsible for every penny spent, so Corporate Cash Passport allows the efficient redistribution of funds from one Card to another via an online system. Spending on each Card can also be tracked online to simplify administration.
THE CLEVER SOLUTION FOR UNIVERSITIES
Working across the education sector, mainly with universities, Corporate Cash Passport has provided an excellent solution for providing students with funds through programs such as Erasmus and Leonardo.
Corporate Cash Passport also provides you with a solution to managing costly staff travel expenses. Staff that travel for international research and networking can find themselves using debit/credit cards and incurring unnecessary charges/fees, that the university then has to reimburse. Alternatively, they have to carry large amounts of cash which can, of course, have safety implications.
This solution enables universities to monitor and manage expense payments more efficiently by centralising all expenditure. No more travellers cheques, messy cash deliveries or budgetary control issues.
Corporate Cash Passport In Action Continued
MARITIME PAYROLL CARD
The Maritime Payroll Card is a prepaid currency card that can be loaded centrally, by the employer, for all salary payments. The cardholder can then immediately access funds at over a million ATMs worldwide or use it around the world at millions of retailers. So, it doesn’t matter where the seafarers are, they’ll get instant access to their funds.
Apart from the ease of use and safety advantages for the employee, Maritime Cash Passport also delivers dividends for administrative staff. No more worrying about banknote deliveries or sourcing currency and as everything is done at the touch of a button you’ll be saving both time and money.
THE SAFER WAY TO CARRY FOREIGN CURRENCY
Tour Guides are often expected to carry large amounts of cash to pay for travel, food and entertainment. Not only is there a safety implication to carrying such large amounts of cash, there is also the inconvenience of having to exchange large amounts of foreign currency when travelling to a different country.
Using the Corporate Cash Passport eliminates both of these problems. The employer can load the funds for the entire trip straight onto the Corporate Cash Passport. The Tour Guide is then free to pay for items with the Card or withdraw currency from a local ATM as and when the currency is required.