Moneybase launches corporate cards to streamline business spending

Calamatta Cuschieri Moneybase has launched corporate cards for its Moneybase Business platform, introducing a new way for companies to manage employee spending with greater oversight and control, marking the latest step in the evolution of the Moneybase Business platform.

The new feature allows businesses to issue payment cards to employees and link them directly to specific company wallets within the platform. Firms can set usage controls on each card, including enabling or disabling online payments, ATM withdrawals, contactless transactions, and swipe transactions. Cards can also be frozen, unfrozen, or terminated instantly.

All transactions are recorded in real time, with notifications provided for key activity. The cards are secured through 3D Secure authentication, adding an additional layer of protection for business payments.

The rollout builds on the broader Moneybase Business ecosystem, which enables companies to manage payments, hold and exchange funds across multiple currencies, liquidity management, and oversee day-to-day financial operations from a single platform.

According to the company, business accounts on the platform have grown by more than 65 per cent year-on-year, reflecting increasing demand from local businesses for integrated financial management tools. Accounts can be opened in as little as 48 hours.

Alan Cuschieri, founder of Moneybase and co-CEO at Calamatta Cuschieri Moneybase, said, “We are proud to be providing local businesses with an efficient way to manage all their company finances. Managing company spending remains a challenge for many businesses, particularly as their operations scale. We continue to work closely with Maltese businesses to continue to address their needs.”

Corporate cards are now available to all Moneybase Business users.

Payment services are brought to you by Moneybase Limited (MB) C 87193 which is licensed by the MFSA to transact the business of a Financial Institution in terms of the Financial Institutions Act, Cap 376. Moneybase is a subsidiary of Calamatta Cuschieri Moneybase plc with registered address situated at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara BKR 9034, Malta.