Redefining Business Payments with the Upgraded Photon Card
Company News | 2024-11-19 10:11:00
PhotonPay, a digital financial infrastructure service provider, has recently expanded its issuing capabilities by becoming a Mastercard issuer in Hong Kong and launching the Mastercard Commercial Credit Card. This represents a significant milestone for Photon Card as it achieves direct integration with two major international card networks and provides businesses with more efficient and cost-effective card payment solutions to meet their global business needs and objectives.
Flexible Spending Control
The Photon Card provides a flexible solution for businesses looking to manage company operational expenses and employee daily business expenditures.
Enterprises can create, freeze, or cancel cards as required at any time. It's easy to customize each card’s attributes, such as spending limits, expiration dates, and merchant category restrictions. This not only ensures transparency and control over payments but also significantly enhances budgeting efficiency.
As an example, when running advertisements on TikTok, enterprises can establish daily, monthly, or per-transaction limits on Photon Card. This enables the enterprise to remain within the advertising budget and avoid unexpected overspending.
Comprehensive Payment Scenarios
The Photon Card offers comprehensive coverage of online and offline payment scenarios across the Discover® Global Network and Mastercard systems.
It provides businesses with a cost-effective and efficient payment solution, addressing a wide variety of global payment needs.
Specific applications of Photon Card include platform rental fees (e.g., Amazon, Shopify, Wayfair, Etsy), advertising spend (e.g., Facebook, TikTok), and marketing campaigns. It also supports payments for services such as website building, product selection tools, customer service systems, and supplier collaboration costs.
In addition, Photon Card provides tailored business travel solutions, including airfare purchases, hotel reservations, and car rentals, enabling businesses to process global transactions with ease and efficiency.
Exceptional Payment Experience
PhotonPay provides an "Online Bulk Card Issuance" service, enabling businesses to efficiently issue cards through the dashboard with a PhotonPay account.
Photon Card is directly linked to PhotonPay’s global multi-currency accounts. If the available balance in the required currency is insufficient, the system automatically utilizes funds from your other currency accounts—based on your pre-set deduction order—and converts them into payment currency at highly competitive exchange rates. This effectively minimizes exchange rate losses and ensures transactions are completed efficiently and cost-effectively.
At present, Photon Card supports payments in 60+ currencies across 180+ countries and regions worldwide. From any location, you can enjoy seamless global payments with just a few taps.
Streamlined Expense Management
Through the PhotonPay merchant platform, businesses can view, track, and analyze payment details in real time. It enables the download of transaction records for custom periods and generates transparent expense control reports to meet reconciliation needs. This eliminates traditional expense reporting processes and reduces the administrative burden on employees and finance teams.
Furthermore, PhotonPay's comprehensive API seamlessly integrates with enterprise systems, enabling the simultaneous management of expenses across multiple business lines. This allows enterprises to strategically plan financial budgets and make more informed decisions, empowering them to optimize operations and drive better outcomes.
Secure and Compliant
PhotonPay is dedicated to providing businesses with a secure and reliable transaction environment, ensuring a seamless experience for international payments and fund management. Photon Card uses virtual card secondary identity verification (team security checks and two-factor authentication) to guarantee stable and secure transactions.
Additionally, PhotonPay is certified to the highest standards, including the PCI DSS (Payment Card Industry Data Security Standard) and ISO 27001 Information Security Management System, ensuring comprehensive protection for every transaction.
To apply for a Photon Card, please view the video for a brief overview of the application process.
About PhotonPay
Founded in 2015, PhotonPay is a digital financial infrastructure providing global cash management services to businesses. Our innovative core products include Global Accounts, Card Issuing, Online Payments, Payouts, FX Management and Embedded Finance. PhotonPay has become a Mastercard issuer in Hong Kong and the fintech card issuer in the Greater China region of Discover® Global Network.
With a strong compliance culture and technological innovation capabilities, PhotonPay is building a digital payment network to take the friction out of global payments and enhance operational efficiency for businesses operating on a global scale.
Headquarters in Hong Kong and providing localized services through eight international offices, PhotonPay partners with a network of top-tier banks and global financial institutions and serves more than 200,000 enterprises globally.
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Latest Announcements
PhotonPay Becomes a Mastercard Issuer in Hong Kong
To launch Mastercard Commercial Credit Card to help businesses better navigate market volatility
Company News |
2024-11-11 01:00:00
PhotonPay Partners with Coshine for Issuer Processing
PhotonPay, an innovative digital financial infrastructure service provider, has announced a strategic partnership with Coshine to optimize the capability of Photon Card through its issuer processing services.
Company News |
2024-11-07 11:00:00
PhotonPay and WotoKOL Enter Strategic Partnership
Recently, PhotonPay, an innovative digital financial infrastructure platform, announced a strategic partnership with WotoKOL, a leading global content marketing platform for international brands. Both
Company News |
2024-09-13 11:49:39
