CarbonPay launches a prepaid business payment card

US-based fintech CarbonPay rolled out its corporate prepaid card for businesses in the US and UK that makes it easier to reduce carbon footprint.

For every GBP 1/USD 1.50 spent, CarbonPay offsets 1 kg of CO2 at no additional cost. The transparent pricing plan accommodates any business, where businesses can add as many or as few people as needed, paying GBP5/USD5 per month per cardholder. Interested companies can register with CarbonPay Business Ctrl.

Customers who join the CarbonPay community will benefit from the company’s partnership with ecolytiq, a sustainability-as-a-service platform. The technology tracks the carbon footprint of every purchase, allowing businesses to fully understand the environmental impact of their spending behavior, which can lead to data-driven decisions on how to reduce their carbon footprint associated with their purchases. professionals.

The company enables businesses to seamlessly transition to CarbonPay Business Ctrl, offering integration with accounting platforms while facilitating expense management with digital receipt capture and automated reconciliation. CarbonPay Business Ctrl offers physical cards, lodge cards, virtual cards and is currently available on ApplePay and GooglePay in the US.

CarbonPay’s prepaid card is powered by Visa and Stripe to provide secure payment offers to users. It also participates in Visa’s Fintech Fast Track program, allowing CarbonPay to leverage the reach, capabilities and security offered by VisaNet, Visa’s global payment network. The launch aligns with CarbonPay’s mission, which is to support a new sustainable economy where every individual and business plays their part in the fight against climate change by creating tools for climate action that integrate into the lives of everyday.

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Elaine R. Knight