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Payhawk partners with Visa to issue business cards with 0.50% exchange rates

PayHawk teams up with VISA and WirecardFinancial management services provider PayHawk has partnered with global payments giant VISA in order to issue virtual and physical cards with optimised exchange rates at 0.50%. Financial management services provider PayHawk has partnered with global payments giant VISA in order to issue virtual and physical cards with optimised exchange rates at 0.50%. The tool allows clients to manage expenditures and claims for up to 10 visa cards per employee, “without the need to do reconciliation or chase receipts”. The cards also come with flexible budgets and spend policies, allowing administrators to easily maintain spending oversight over a particular vertical or project. German payments processor Wirecard is also part of the partnership and will provide the technological underlayer. PayHawk is one of several fintech startups that aims to provide an efficient solution to the time draining administration often involved with corporate spending habits.

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