i2c and Bento Partner to Deliver Full-Featured Prepaid Business Debit Card Solution
i2c is a global provider of smarter payments and integrated commerce solutions, and together with Bento for Business, a provider of impactful expense management solutions for small businesses, today announced they plan to deliver a sophisticated prepaid card solution to give small business owners and their employees a more efficient way to control spending and manage expenses.
The Bento prepaid employee expense card accesses i2c’s Agile Processing payments platform to offer advanced features such as integrated alerts, card-level restrictions, and digital dashboards that render high levels of visibility and real-time control over employee spending.
For smaller business owners, the prospect of managing employee expenses is time-consuming and prone to problems, like lost receipts, expense leaks, and employee theft. The responsibility tied to offering employees with cash, personal credit cards, or signed checks for business expenses involves a high level of risk which makes spending nearly impossible to track and control.
“Managing employee expenses is an important but time-consuming process for small business owners whose time could be better spent focusing on growing their business,” said Farhan Ahmad, founder and CEO at Bento for Business. “Our partnership with i2c has allowed us to accelerate innovation. The i2c processing platform allows us to deliver a feature-rich expense card solution with all the tools and real-time controls to make administration easy.”
With the partnership with Bento, SMB owners can easily control where, when, and how much employees can spend by setting limits on dollar amounts or selecting specific spending categories where the card can be used.
“Bento for Business and i2c share a philosophy and culture of innovation, and the Bento card is proof of how innovative prepaid card solutions can make payments easier and more efficient,” commented i2c’s founder and CEO Amir Wain. “The flexibility and reliability of i2c’s single, global platform enables Bento to give small businesses a full-circle expense solution that is easy for employees to use and simplifies an important part of their day-to-day operations.”