Overview
Extend gives you the ability to create virtual credit cards for anyone who needs to charge a business expense including team members, contractors, vendors, or yourself. There are two types of virtual cards you can create in Extend: standard and recurring.
Standard card
This card can be used for regular spending needs. It can be used up to its set credit limit and will deactivate once the Active Until Date has passed, both of which can be updated at any time by the card creator. For information on creating a standard virtual card see the Create virtual cards article.
Note: For select issuers, when creating a standard virtual card, you can elect to make it an Exact Pay card. This means that the virtual card can only be used once, for the exact amount of the credit limit.
Recurring card
This card is useful for monthly subscription payments, recurring vendor charges, or managing employee spending every day, week, or month. Recurring cards allow you to set a credit limit and daily, weekly or monthly replenishment frequency. A recurring card will automatically reset the card limit based on the selected frequency. You can update the credit limit, Active Until date or frequency at any time. For information on creating a recurring card, see the Create virtual cards article.
Note: If you send a standard or recurring virtual card to someone outside of your organization, they will automatically be added as a Guest in your organization.