A Virtual Card That Lasts
The card that lets you pay suppliers securely for multiple or recurring transactions over a long period of time. An ideal solution for any company with recurring payments or advertising agencies that want to track expenses by digital campaign or client and also set spend limits.
Ghost cards are a type of virtual card that can be opened for recurring transactions to the same vendor or used for multiple transactions across different vendors. Whereas virtual cards are typically limited to a single-use or payment, ghost cards can be assigned to a company department, client, campaign, or vendor for extended use by multiple users.
How It Works
CSI’s ghost card lets you pay suppliers securely for multiple or recurring transactions over a long period of time. This is an ideal solution for ad agencies managing digital and social media campaign payments.
A Pratical Example
For one of our partners, a media agency that had high spend on Google and Facebook ad campaigns, it sometimes took months to receive and reconcile invoices. Traditional credit card payments were no help with each campaign appearing on the same bill, requiring them to go through each line item manually in order to identify each client and campaign.
Enter CSI’s ghost cards.
Once they switched to ghost cards they were able to set up separate cards for each client or campaign, which meant monthly reports were broken down by client and campaign taking reconciliation times from months to hours.