Product Updates: Merchant cards are here
We keep adding new features to the portal to help you streamline card payments & management as well as reporting. The biggest new addition are merchant cards that will allow even greater visibility and control over online spending. See below for details of what’s changed.
Merchant cards
What are merchant cards?
Merchant cards work just as any other virtual cards on Fyorin portal - you can create them directly from the dashboard, set limits and controls, however they come with one extra feature - they are restricted to a specific merchant or a merchant category. This gives you extra control over the pre-approved budget and the visibility of the spend with the specific vendor. Assigning payments to specific cards will also speed up the reconciliation process for the finance team and free up their valuable time
How can I use them?
Merchant cards are a game-changer for marketing agencies working with Google, LinkedIn, Facebook and other similar platforms for media buying. They can also be used for subscriptions and hosting. The best part is, just as with any other Fyorin card, you’re eligible for a cash rebate every time you spend so you can effectively turn costs into earnings.
Other updates to Fyorin Platform
Due date payment filter
Never again miss a payment. Filter payments by the due date to expedite them even faster.
Schedule multiple reports
Scheduling reports and getting them delivered directly into your inbox can greatly reduce the amount of manual work you need to do. Now, you can schedule multiple reports and get them delivered at your desired frequency from the reports tab.
We continuously add new features and improvements to the platform and have some big announcements coming soon so keep an eye on our LinkedIn profile or subscribe to our newsletter and be the first one to find out about the launches!