CardValet is a mobile card management application that reduces fraud and identity theft by allowing cardholders to monitor their accounts with their smartphone and control how, when, and where their debit card is used.
Within our app cardholders have the ability to turn off their debit card when not in use, establish transaction spending limits, and decline a transaction when the amount exceeds a predetermined threshold.
Real-time smartphone alerts can be customized based on the types of information each cardholder would like to receive such as merchant type and spending limits. CardValet can even pair with the GPS in your smartphone to monitor geographic use restrictions.
CardValet is ideal for small businesses. All transactions can be monitored or controlled for specific merchant categories, such as travel, restaurant, or entertainment, and can be denied or reported for types of merchants that are not classified as business related. Limits can be set for each employee that has card access.
For more information on CardValet, please contact us or visit our Education Center.