Card Issuing · Use case

Power a spend-management or corporate card product

Short answer

A corporate card layer on top of company accounts, with approvals, receipts and accounting exports. Card issuing provides the commercial BIN, controls and transaction data; your product value sits in the workflow. Decide early between debit on a company account and a charge card — charge cards need underwriting and funding.

What this use case is

Cards for every employee and team, with policies, approvals and bookkeeping built in, sold to companies as a spend-management product.

Who builds this

Spend-management startups
SME banking
ERP and accounting platforms
Travel management

What your customer sees

  1. 1Finance admin onboards the company
  2. 2Sets policies
  3. 3Employees receive cards
  4. 4Spend prompts receipt capture
  5. 5Transactions arrive categorised in the accounting system

How Card Issuing solves it

1

Company onboarded with business verification

Company onboarded with business verification

2

Funding set up

company account or credit line

3

Cards issued to employees and teams

Cards issued to employees and teams

4

Spending checked against policies at authorisation

Spending checked against policies at authorisation

5

Receipts captured and transactions categorised

Receipts captured and transactions categorised

6

Data exported to accounting; charge balances repaid on cycle

Data exported to accounting; charge balances repaid on cycle

Want to have

  1. Commercial programme
  2. Business verification
  3. Company, team and cardholder hierarchy
  4. Policy controls
  5. Enhanced merchant data where available
  6. Webhooks
  7. Accounting-ready data
  8. Virtual and physical cards

Optional

  1. Charge card with credit line
  2. Cashback
  3. Multi-entity and multi-currency

Design decisions

Card model

Debit on company account
Charge card with credit line

simplicity versus product appeal, credit risk and capital needs

Monetisation

Interchange
Subscription
Both

dependence on interchange versus pricing power

Ledger

Provider balances
Your own ledger

speed versus flexibility

What to put in your RFP

Programme

  • commercial BIN, markets, card types

Companies

  • onboarding, hierarchy, roles

Controls

  • policies, approvals, real-time decisions

Data

  • merchant enrichment, exports, webhooks

Credit

  • charge card support or partner integration

Economics

  • interchange share, per-card and per-company pricing
Add these to an RFP

How to evaluate providers for this use case

  1. 1Commercial programme depth
  2. 2Data quality for accounting
  3. 3Credit options
  4. 4Interchange terms

Pitfalls

  • Funding and credit risk on charge cards
  • Business verification drop-off
  • Unclear liability between company and cardholder
  • A business model that only works on interchange

What providers will ask you

  1. Target company sizes
  2. Expected cards and spend
  3. Funding or credit plan
  4. Accounting integrations

Other Finlane categories that cover parts of this

This use case is solved mainly with Card Issuing. These categories cover specific parts of it and can be tendered alongside it.

Frequently asked questions

Questions for this use case are covered in the category guide.

Other Card Issuing use cases

Scope power a spend-management or corporate card product with Card Issuing providers

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