Moss enables you to create dedicated cards tailored to the merchants which your employees frequently use. By setting up these merchant cards, you gain better oversight of recurring payments per merchant, you automate your accounting processes and maintain tighter control over corporate spend.
Key benefits
Streamlined recurring payments: Track recurring transactions with ease.
Automated accounting: Assign accounting attributes automatically for every transaction.
Enhanced spend control: Keep spending under control with spending limits and enjoying the advantages of running all merchant spend on one card
Please note: Merchant cards are designed for vendor-specific transactions so you can better track your payments, but the vendor cards do not block incoming purchases from other merchants.
Getting started with Merchant Cards
Creating your Merchant Cards
Bulk or manual creation of cards: Create merchant cards in bulk by uploading your card transaction statement or set them up individually. Bulk creation is especially advantageous when your company is just getting started with Moss.
Assigning the cardholder: Ensure that the person responsible for submitting receipts is designated as the cardholder. This helps maintain accurate tracking and accountability.
Immediate activation: Once the card request is approved, the merchant card is ready for use right away.
Updating your payment information
Update billing details:
Once you start using your new card, make sure to update the payment method at the merchant. After creating the card, you can securely reveal the card details in Moss.
Merchant verification:
Copy the revealed details to the merchant’s billing page. The vendor will typically perform a small verification transaction to confirm the card.
Managing your merchant cards
Flexibility in management:
You can reassign, block, or terminate merchant (subscription) cards as needed.
Learn how to manage your cards.
Automate your accounting
For all your cards—including merchant cards—you can automate the accounting process:
Open the card in Moss and configure the appropriate accounting attributes.
Each new transaction on the card will automatically inherit the set accounting details, reducing manual effort and minimizing errors.
Submitting Receipts
It is best practice to assign the card to the person responsible for submitting receipts.
There are many different ways to submit/attach receipts to card transactions. For enhanced efficiency, you can use Moss’s automated receipt submission tools, such as the Receipt Finder or the Receipt Inbox.