Wallester Review
Conclusion
Thanks to its multiple payment plans, Wallester Business can be the professional and reliable payment solutions service every business needs.
4.7
Wallester Business Review
When you are running a business, there will come a point when you will need the services of a payment solutions provider. You can find a ton of options at your disposal these days, but the one you choose will depend on a variety of factors. First off, you need to consider the size of your business, the tools and services you require and your budget. One of the names that you will come across is that of Wallester.
Background
First things first, you should know that Wallester is a fintech that was founded back in 2018 and is based in Estonia.
It specializes in offering businesses a number of customizable payments solutions, which include expense management, ‘white label’ card issuing as well as app creation.
If you want to issue cards to your staff for tailored expenses,or simply for managing expenses, Wallester can provide VISA prepaid and debit cards that will be branded with your business name and logo.
Moreover, it also offers other customizable expense management tools that can come in handy.
What Services Does Wallester Offer?
Wallester aims to assist businesses in taking a new approach when it comes to expense management and optimization. Since it is an official VISA partner, Wallester Business is not just capable of issuing corporate cards, but also offers an easy-to-use platform that can be used to track and manage expenses.
Let’s take a look at some of the solutions that Wallester Business can offer to you.
- White Label Cards
Wallester Business specializes in providing custom prepaid and debit cards on behalf of businesses.This gives you the freedom to use your own company’s design and branding for the cards.
There are a number of reasons why you may want to issue cards, such as setting up a gift card system, introducing a store card, or providing employees with a business expense card.
Likewise, a white label card issuer like Wallester can also be helpful for financial service providers and smaller fintechs that wish to launch their own consumer debit and credit card offerings.
One of the best things about Wallester cards is that since it has partnered with VISA, the cards can be accepted all around the globe where VISA is accepted.
Furthermore, you can also integrate the cards with mobile wallets, such as Google and Apple Pay. Wallester gives you the option to issue both physical and virtual cards.
- White Label Mobile Apps
In addition to its cards, Wallester also offers white label mobile apps that can be used with them. The best part is that every app is custom made. However, there are some common features that you will come across in the app.
These include the option to freeze lost cards, display recent transactions and current balance of cardholders, the option to activate and deactivate contactless payments and issue spending notifications.
- Expense Management Solutions
Businesses that are looking for an expensive management solution can also leverage Wallester Business. Its White Label service also offers credit cards, along with prepaid and debit cards.
You can customize card use and spending limits according to the user and also limit spending to specific retailers or categories.
An expense management app is also provided to card holders and it gives them push notifications for every purchase. This reminds them to keep physical receipts to make it easier to track spending.
Business owners are also alerted via the app every time a card is used. Tracking employee spending in real time becomes easy in this way.
It is possible to integrate Wallester’s expense management app with your existing account system. This is all thanks to its application programming interface (API).
Who Can Use Wallester?
Businesses interested in issuing their own debit and prepaid cards can take advantage of Wallester’s services. Its White Label service also offers the option of issuing credit cards. Businesses in a number of industries are currently using Wallester Business services.
These include insurance companies, streaming platforms,travel agencies, physical retailers and e-commerce platforms and also credit card providers and lenders.
Companies that want to issue employee expense cards in large numbers will find its expense management tool useful.
As compared to traditional business credit cards, Wallester gives businesses the option of customizing cards with pre-set spending parameters.
How to Set Up Wallester?
Since Wallester offers customized business solutions, you will have to get in touch with its sales team. All you have to do is complete the online contact form on its website.
You will be asked to provide some contact details, information about your business, along with the gist of your requirements.
Is Wallester Safe?
The Estonian Financial Supervision and Regulation Authority regulates Wallester. Since it is a VISA partner, the cards use the most up-to-date security protocols to prevent fraudulent transactions.
The Verdict
Thanks to its multiple payment plans, Wallester Business can be the professional and reliable payment solutions service every business needs.