Virtual prepaid cards keep company money safe and secure

Use Soldo to securely set up prepaid virtual cards for smaller, urgent, one-off purchases. Track licences and trial extensions per card to make cancellations easily.

We’ve helped thousands of businesses proactively manage their messy, decentralised spend.

What makes Soldo?

Win back valuable time

Trust employees to spend company money with prepaid cards that keep you in control

Get accurate transaction data

Separate budgets, custom limits and real-time visibility help prevent overspending

Simplify reconciliation

Save hours on admin and speed up month-end with automated tracking and reporting

Benefits of online virtual prepaid cards

Efficient department and project management

Manage multiple departments and project-specific budgets with a virtual prepaid debit card. Allocate funds directly and customise spending limits. Track and control expenses across various initiatives and eliminate the need for shared accounts. Virtual cards can be issued instantly for immediate use.

STREAMLINE BUDGETS

Take control of budgeting

Prepaid virtual credit cards offer a structured way to organise and distribute budgets across your organisation. With no need to process paper receipts or manually reconcile expenses, your finance team can manage budgets without administrative headaches. With easy top-ups and automatic alerts, every penny spent is accounted for.

REGULATE SPEND

Draw clear spending boundaries

Unlike traditional corporate credit cards, prepaid card virtual spending can remain within predetermined limits. Avoid unwanted purchases by limiting card use to specific vendors or types of expenses. Issue cards with fixed budgets to prevent overspending. With Soldo, funds are always used for what they’re intended.

EMPOWER YOUR PEOPLE

Assign cards for greater flexibility

Online prepaid virtual credit cards strike the balance of giving employees access to funds for travel, supplies and operational costs without having to rely on reimbursements or wait for approvals. This flexibility boosts productivity and reduces the friction that can come with managing corporate expenses.

EASE MANUAL ADMIN

Discover real-time spending insights

Expense management can be time-consuming. Remove the burden of paperwork, receipt tracking and manual reconciliation. A virtual prepaid credit card ensures all transactions are recorded in real time and can easily be integrated with your existing accounting software. Make expense tracking and reporting seamless.

STREAMLINE BUDGETS

Take control of budgeting

Prepaid virtual credit cards offer a structured way to organise and distribute budgets across your organisation. With no need to process paper receipts or manually reconcile expenses, your finance team can manage budgets without administrative headaches. With easy top-ups and automatic alerts, every penny spent is accounted for.

REGULATE SPEND

Draw clear spending boundaries

Unlike traditional corporate credit cards, prepaid card virtual spending can remain within predetermined limits. Avoid unwanted purchases by limiting card use to specific vendors or types of expenses. Issue cards with fixed budgets to prevent overspending. With Soldo, funds are always used for what they’re intended.

EMPOWER YOUR PEOPLE

Assign cards for greater flexibility

Online prepaid virtual credit cards strike the balance of giving employees access to funds for travel, supplies and operational costs without having to rely on reimbursements or wait for approvals. This flexibility boosts productivity and reduces the friction that can come with managing corporate expenses.

EASE MANUAL ADMIN

Discover real-time spending insights

Expense management can be time-consuming. Remove the burden of paperwork, receipt tracking and manual reconciliation. A virtual prepaid credit card ensures all transactions are recorded in real time and can easily be integrated with your existing accounting software. Make expense tracking and reporting seamless.

Apply online in minutes and start spending in as little as one working day.

No credit checks, no hidden fees, no fixed contracts. Cancel anytime.

Complete registration

We need to confirm your identity and address. Upload a few documents and you’ll be done.

Add funds

Load money to your account to order your Soldo card. Receive it in 2 working days.

Start spending

Shop online or instore safely with your contactless card.

Get a quote
£21 per month
excl. 20% VAT
The Soldo software platform is operated by Soldo Software Ltd. The e-money business account and payment services are provided by Soldo Financial Services Ltd and are subject to additional fees such as, card issuance, cash withdrawals and others. See all the financial services fees here, and the typical limits here.

*Subject to eligibility, based on the criteria found

All Soldo plans include

Everything you need to get started

Soldo Mastercard® cards

Get as many cards as you need for employees and departments. Our contactless cards are accepted by millions of merchants worldwide.

Web console and mobile app

See spending in real time on the web console. View balances, capture receipts and manage cards on the employee app.

Accounting integration

Export transaction data to every major accounting software, in two clicks. Connect expenses to Xero and QuickBooks.

Free & unlimited transactions

Soldo Mastercard® cards have no fees for domestic transactions and our foreign exchange fee is fixed at just 1.5%.

No charge for deposits

It’s free to add funds, and money is available to spend instantly. Allocate funds to cards when your team needs it.

Dedicated support

Need a hand? Our friendly customer success team is at your service, providing support whenever you need it.

What our clients think about us

“In the past, expense reimbursement took one and a half days, and now it takes slightly more than half a business day.”

Marco Valerio Izzo, Buzzoole
Finance Manager

“Since we started using Soldo, it’s been such a relief not to have to regularly email or phone the banks to ask for our credit card limits to be raised. I love Soldo’s flexibility – it’s so easy to maintain and everything is in real time.”

Dennis Koehler, Get Your Guide
Head of Payments and Fraud

“Soldo has enabled us to close our old corporate credit card scheme, remove petty cash from our business and reduce the number of expense claims we process. This has reduced the administrative burden, replacing separate…”

Lee Jaques, Bruntwood
Finance Project Manager

“We need to have non-nominative cards, in multiple currencies, attached to powerful reporting that integrates with Sage. Soldo ticks all those boxes.”

Paraag Amin, DotDigital
Former CFO
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Prepaid Cards

Reviewed by Brandon Till

Virtual debit card prepaid FAQs

What is a virtual prepaid card?

This digital payment card functions similarly to a regular prepaid card but exists only online. You won’t receive a physical card but you’ll still have a card number, expiry date and CCV number that you can view on a screen.

Your virtual card is preloaded with a specific amount of funds and can be used for purchases or payments anywhere – basically, wherever you would be able to use a regular card.

Virtual prepaid debit cards help you manage corporate expenses, team budgets, vendor payments or employee incentives. They also include enhanced security features to prevent fraud or misuse.

How are prepaid virtual credit cards online issued?

Prepaid virtual credit cards are issued instantly via our online management platform. You can create and distribute cards in just a few clicks, removing the need for physical manufacturing or shipping.

Simply select the card type, assign a cardholder, set spending limits and load the card with funds. Once generated, it can be immediately sent to the designated user via email or another secure method.

This process allows for speedy issuance and makes it easy to allocate funds to employees, departments or projects in real time.

Are virtual prepaid credit cards secure?

Virtual prepaid cards are highly secure. They offer enhanced protection compared to traditional cards as there is no physical card that can be lost or stolen.

Additionally, you can set spending limits, restrict specific merchants or categories and control the usage of each card, reducing the risk of unauthorised transactions. If a card is compromised, it can be instantly frozen or cancelled through our management platform.

With Soldo, you can rest assured that any sensitive financial information is secure and protected. We use advanced encryption and security protocols, and we’re authorised and regulated by the Financial Conduct Authority (FCA).

Your funds are kept separate from our business bank accounts and safeguarded under the UK Payment Services and Electronic Money Regulations. Learn more about security with Soldo.

Are virtual prepaid cards reloadable?

Yes, our reloadable cards allow you to add funds as needed, providing flexibility for ongoing use. This is beneficial for those managing recurring expenses, project budgets or employee funds – and it removes the need to issue a new card each time additional funds are required.

Soldo allows you to reload funds as and when, ensuring that spending continues smoothly without interruptions.

What fees are associated with using virtual prepaid cards?

Get started with your virtual prepaid debit card by signing up to our Soldo Pro plan. Gain access to all core features, including our mobile app and desktop platform. We never charge hidden fees for deposits or transactions.

For advanced features like reporting and additional controls, sign up for Soldo Premium. Learn more about pricing or request a call back for more information about our range of prepaid cards.

Who can I issue virtual prepaid cards to?

Choose to issue virtual prepaid cards to a wide range of recipients depending on your business needs. Examples include:

  • Employees: For managing corporate expenses.
  • Contractors: To simplify payments for freelance workers or consultants.
  • Suppliers and vendors: For streamlined payments without the need for complex invoicing.
  • Customers: As part of loyalty programmes or to issue refunds and rewards.
  • Partners: For distributing incentives or bonuses to business partners.
  • The flexibility of virtual prepaid cards makes them ideal for securely sending funds to anyone in your network, with control over how those funds are spent.
How many virtual prepaid cards can I issue?

Regardless of the size of your business, all Soldo plans include access to as many cards as you need for your employees and departments. Whether you want to distribute cards to a handful of people or the entire organisation, everyone will be spending within your limits.

Can virtual prepaid cards UK be used internationally?

You can easily use our cards for global payments. It’s ideal if your business works with international vendors, contractors or employees. Cross-border payments are simplified.

Set up company wallets in GBP, EUR or USD to manage your operations worldwide. Each card will be issued in these currencies with a small and fixed foreign exchange fee.

How can I monitor expenses made with virtual prepaid cards?

Our expense management platform allows you to set rules and limits on expenses before reviewing and tracking them in real time. This gives you full visibility over who is spending, how much and on what.

Tracking monthly expenses through a single platform is easier than switching between spreadsheets. Download reports, gain useful insights and remove the risk of human error.

What if I need help with my online virtual prepaid card?

If you need support with your prepaid card, you can email us at [email protected]. We also have a list of helpful topics and information on all things Soldo on our support page.