The Payhawk Corporate Visa Card is issued on the Visa network (used by a whopping 4.2 billion cards), so you'll be able to use it at more than 100 million merchant locations across more than 200 countries and territories.<\/p>\n
Founded in 2018, Payhawk is a spend management platform that helps businesses manage and automate expenses and payments. It offers one single platform for card payments, invoices, reimbursement, expense management and bookkeeping. It works for businesses across the globe. <\/p>
Payhawk offers both corporate Visa debit cards and Visa credit cards (although technically a charge card), and you\u2019ll be able to choose from virtual and physical cards. Depending on your business\u2019s financial circumstances, you\u2019ll be able to get a credit limit of up to \u00a3500,000. No interest is charged on card payments made in full and on time \u2013 otherwise, a late payment fee will apply to the outstanding balance. This is currently at a rate of 4% per year above the Bank of England base rate. If the credit is not paid by the eighth calendar day of the next month, your Payhawk services will be suspended until all credit is paid back.<\/p>
Payhawk Visa cards can be sent to employees anywhere in the world, and they can use them across the globe. You\u2019ll be able to set spend limits for both individual and team cards and decide whether they can make ATM withdrawals. You\u2019ll be able to use the cards alongside Apple Pay and Google Pay.<\/p>
Note that when you sign up to the full Payhawk package, there are 3 account levels, all with a monthly fee.<\/p>
The key features of the Payhawk cards are outlined below:<\/p>
Payhawk\u2019s emergency line of credit is no longer available<\/strong>, but we are keeping it on this page for historical purposes. <\/p>