payabl. Launches Virtual Business Cards for Smarter Payments

Leading European fintech provider payabl. has officially launched its Virtual Business Cards, a next-generation digital payment tool designed to give businesses greater control, flexibility, and transparency in managing expenses. This launch aligns with payabl.’s ongoing mission to modernize financial operations for growing businesses in today’s dynamic payment landscape.

Features and Benefits of Virtual Business Cards

Instant Card Issuance and Control
- Create virtual cards in real-time and assign them to individual team members.
- Set customizable spending limits per card to match departmental budgets.
- Instantly freeze or unfreeze cards for greater security and administrative control.
Streamlined B2B Payment Management
- Ideal for e-commerce businesses needing enhanced transaction security.
- Perfect for start-ups and scale-ups managing suppliers and global teams.
- Supports multi-currency usage for seamless international transactions.
Enhanced Financial Oversight
- Real-time tracking and reporting capabilities ensure full visibility.
- Simplifies budgeting and reduces administrative time spent on manual processes.
- Promotes internal accountability and spending discipline across teams.

Strategic Significance and Market Context

Strengthening Business Accounts Offering
- Complements payabl.’s suite of services including card acquiring, POS terminals, and local payment methods.
- Integrated with payabl.’s Business Accounts for 24/7/365 money movement and financial management.
Market Demand and Adoption Trends
- Virtual card transaction volumes expected to grow from 36 billion in 2023 to 175 billion by 2028.
- 94% of businesses using virtual cards report faster, more detailed, and more secure transactions.
Leadership Insight
- Ugne Buraciene, Group CEO: “We’re removing the friction from payments so businesses can focus on growth.”
- Breno Oliveira, Head of Product: “We’re unlocking productivity and simplifying admin through smarter payment tools.”

With the launch of Virtual Business Cards, payabl. is setting a new standard in business payments—providing a flexible, secure, and scalable solution for companies of all sizes. As businesses seek to optimize financial operations and reduce inefficiencies, payabl.’s offering positions them at the forefront of the digital payments evolution.

Read the latest insights on Global FintechEdge!