US EditionWhat Is a Ghost Card? Benefits, Examples, and Use Cases
- Ghost cards are digital payment tools issued by finance teams to manage vendor or departmental expenses with set limits and real-time tracking.
- Businesses adopt ghost cards to reduce fraud risk amid growing online purchases and sophisticated cyberthreats by limiting exposure of the main corporate account.
- Companies assign unique card numbers, CVVs, and expiration dates to ghost cards, enabling streamlined subscription management, project budget control, and simplified reconciliation.
- For example, a manufacturing firm uses a $50,000 monthly-limit ghost card dedicated to its primary vendor, allowing automated charges without manual payments or purchase orders.
- This approach accelerates accounts payable, improves vendor payment speed, maintains spending oversight, and allows accounting staff to focus on strategic priorities.
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What is a ghost card? Benefits, examples, and use cases | News Channel 3-12
What is a ghost card? Benefits, examples, and use cases Many businesses face a similar frustrating scenario: An employee needs to buy software for a project, but the company credit card is with a senior leader, who’s traveling. Another team member submits a stack of receipts from last month’s conference, requiring hours of manual processing. Meanwhile, the accounting team discovers mysterious charges on the corporate card that no one can identif…
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Total News Sources35
Leaning Left1Leaning Right1Center31Last UpdatedBias Distribution94% Center
Bias Distribution
- 94% of the sources are Center
94% Center
C 94%
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