Bento for Business Launches Prepaid Commercial MasterCard
Small business financial provider Bento for Business has launched a new commercial prepaid card, giving business owners an easier way to allow employees to make purchases for the company. The prepaid card is backed by MasterCard.
Some small businesses do not qualify for traditional business credit cards, which can be a challenge when it comes to buying supplies or equipment to run the business. The owners must either take time to buy the items themselves or trust their personal credit card with their employee. The second option comes with a small risk of identity theft.
With the new Bento prepaid MasterCard for small businesses, owners can provide their employees with the ability to pay for items without putting their personal credit on the line. Unlike most prepaid accounts, the Bento option connects all cards to the same main account so owners do not have to add funds to each individual card. The cards can be enabled or disabled with the push of a button, and they can display an employee’s name to make purchases even easier.
“Small businesses are the backbone of our economy, yet they continue to be very underserved financially,” said Bento’s CEO Farhan Ahmad. “We set out to create a commercial card that would eliminate the administrative and financial headaches small business owners face when trying to manage their spending, without putting their credit on the line.”
Prepaid cards for any small business can be ordered at BentoForBusiness.com.