Pleo virtual and plastic cards are Prepaid Mastercards® that are accepted by more than 30 million merchants worldwide.
Both virtual and plastic cards can be assigned to employees and used for company related purchases, appearing in the same expense feed.
Pleo virtual card:
A Pleo virtual card works just like any other payment card, but is accessible electronically and can only be used for online purchases.
When an employee is invited to Pleo, they automatically receive a Pleo virtual card that can be accessed from the Pleo web or mobile app at any time by entering the selected Passcode.
Virtual cards are safe and handy, making them a great solution for online purchases and recurring online subscriptions.
Pleo plastic card:
Pleo plastic cards can be used for company related in-store purchases.
With only a few clicks, plastic cards are ordered separately for the employees through the Pleo web app by the administrator. The cards will arrive within just a few days and can thereafter be distributed.
Pleo plastic cards are a great solution for employees who are on the road or have a lot of out-of-office expenses and can collect receipts instantly with their Pleo mobile app.
It must be noted that for online purchases, virtual and plastic cards are not mutually exclusive i.e. one may also use their plastic card for all online transactions, if necessary. This may be particularly helpful to do when making payments where a further verification or proof of payment method is required, like hotel reservations or airline tickets.