Edenred Pay Enterprises Enhances Edenred Pay MasterCard? Corporate Multi-Card with Pre-fund & Deposit Account Functionality

CSI Enterprises, Inc. today announced new enhancements to their CSI MasterCard® Corporate Multi-Card card platform including the ability for organizations to pre-fund a card with a set denomination, as well as a deposit account option. As businesses increasingly face challenges in today’s tightening economic environment, the enhanced features for the CSI MasterCard® Corporate Multi-Card enables businesses the opportunity to establish or build credit.

CSI provides its clients with the industry’s leading online management tools, regardless of a company’s desired credit option. The CSI MasterCard® Corporate Multi-Card simplifies and improves the corporate purchasing function by offering businesses needed cost-savings, controls and efficiencies.

“In today’s difficult economic time, new businesses are finding it harder to become approved for a line of credit,” said Keith Stone, CSI President. “CSI offers these businesses the opportunity to begin developing credit while receiving all the same benefits of a credit account. CSI understands the struggle for new businesses and the CSI MasterCard® Corporate Multi-Card is here to help.”

Multiple funding options are included for the CSI MasterCard® Corporate Multi-Card accounts. The first option allows businesses to easily pre-fund a card through a business initiated ACH bank payment or wire transferAn electronic method for sending funds between banks, often used for large or urgent payments. # # #. The second option is a deposit account. With this option, applicants simply submit a deposit to secure their account and establish an initial credit line. The business is invoiced and makes payments just as it would on a normal credit account.

“We have designed this program to be as easy as possible for businesses to fund,” said David Disque, CSI Director of Operations. “Clients may increase or decrease a deposit as needed and funds are simply submitted by wire transferAn electronic method for sending funds between banks, often used for large or urgent payments. # # # or ACH payment.” Regardless of your company’s credit needs, CSI Enterprises has the solution for you.