The PEX Visa® Prepaid Card is issued by The Bancorp Bank and Fifth Third Bank, pursuant to a license from Visa U.S.A. Inc.
The PEX Prepaid Mastercard® is issued by The Bancorp Bank pursuant to license by Mastercard International Incorporated.
The PEX employee spending platform and PEX Prepaid Card provide powerful capabilities to manage staff spending and expense reconciliation.
PEX reduces data entry, helps manage cash flow, captures and tracks receipts, streamlines reconciliation, and provides detailed reporting.
The PEX Visa Prepaid Card may be used everywhere Visa debit cards are accepted.
Fund and de-fund employee cards instantly for granular control or allow cards to debit from a central shared account.
Your employees, volunteers or contractors can spend (only) when and where you want them to using their PEX Prepaid Visa® or Mastercard®.
Transfer funds from your organization’s bank account to your PEX account on an ad hoc basis, or schedule automatic transfers.
The PEX Prepaid Mastercard may be used everywhere Debit Mastercard is accepted.
Allow employees to request funds from authorized administrators with an audit of the entire process.
The Bancorp Bank and Fifth Third Bank; Members FDIC.
In addition to daily, weekly, and monthly limits, employees can also be restricted to specific industries via the use of Merchant Category Codes (“MCCs”).
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
PEX automates and simplifies your spend and expense workflows, saving you time on issues meaningful to your bottom line.