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With the new Extend API, SMBs can integrate virtual card issuance into their existing workflows and systems and streamline their operations. Additionally, SMBs can instantly create virtual cards for specific purposes at scale, link all card controls and transactions to their client and payment records, and set controls that eliminate overcharging and reduce fraud.
“SMBs have rarely had access to open APIs to issue and manage virtual cards for payments, let alone options that work with their current and preferred financial institutions,” Extend Chief Product Officer Orna Albus said in the release.
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