The Ultimate Qashiopedia
Card Creation
The process where an admin or authorised user generates a new virtual or physical corporate card within the Qashio platform. This involves defining spending limits, policies, and approval workflows before creating the card (virtual or physical) for the employee.
Card Loading
The process of adding funds to a Qashio corporate card, increasing the card’s balance.
Card Statement Report
Detailed statements for all Qashio cards for a selected month, sent as an email with an Excel file that includes a consolidated list and individual statements for each card.
Card Statements
These refer to detailed records of transactions made using the Qashio card. To export card statements users can navigate to the “Cards Section”, select the desired card, and choose “Export Card Statements” from the actions menu. They can then specify the period for which they want the statement to be downloaded. This process provides Qashio clients with a clear and organised report of all card-related expenses, making it easier to track spending, ensure accuracy, and maintain financial transparency.
Card Unloading
The depletion of funds from a Qashio card, reflecting a decrease in the card’s balance.
Card issuer
The card issuer is the financial institution that provides a credit, debit, or prepaid card to a client, whether corporate or personal.
Card networks
A card network acts as an intermediary in the purchase process. Examples of card networks include Visa, Mastercard, and American Express. When a card is used for a transaction, the information is sent to the acquiring bank, then to the card network to communicate with the card-issuing bank for approval or denial, after which the network communicates the approval back to the point of sale, completing the transaction.
Cardholder Limits
Pre-defined spending caps are set for each employee who is given a Qashio corporate card, which ensures tighter control over budgets. These limits can be set based on the transaction amount, frequency of usage, and specific periods. Card limits also include restrictions on categories like ATM withdrawals, purchase amounts, and countries.
Cash Flow Management
The process of monitoring and optimising the inflow and outflow of funds to ensure a company maintains sufficient liquidity for operations and short-term obligations.
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