Corporate Purchasing Card
Maximise procurement efficiency for everyday expenses.
Magnati’s Corporate Purchasing Card offers businesses a complete solution to streamline procurement. Designed exclusively for corporate transactions such as supplier, government, bill payments and other additional spending.
- Contactless card
The contactless smart chip embedded within your corporate card protects you from fraudulent card transactions when using it for online or regular payments
- SMS alert
We will send you an SMS to notify you about any transaction made using your corporate card
- Restrictions
Cash withdrawals will be blocked
- Corporate liability waiver
Rest assured with the corporate liability waiver against internal fraud
- OTP (One-Time Password)
We will send you an OTP by SMS and email. OTPs are required for all online transactions
- Online banking system (iBanking)
With our online banking system, you can view card transactions online, download reports in various formats at any time, and transfer funds from account to card
- Due-dated and repayments are no longer things to worry about. Corporate expenses will now be directly billed to your employer and settled on your behalf
- Eliminate paper-based and labor-intensive procedures
- Improved accuracy (orders, invoices and accounting)
- Multiple payment cycles
- Empowerment while maintaining control and visibility
- Peace of mind through the protection of Corporate Liability Waiver
- Coverage of USD 25,000 per cardholder
- Coverage of USD 1,600,000 per company per year