Overview
Funds and virtual cards, like physical cards, are tied to the account holder’s line of credit. They provide the same access and include the same identifying information. However, they don’t have the same physical elements, as there is no physical card that you can put in your wallet on your way out the door.
How do I use Ramp funds in stores?
As shown in this article, you can spend your funds (allocations of money) with physical point-of-sale (POS) systems using your physical card. You can also make purchases online or over the phone using your physical card number. Funds do not have a card number by default; however, transactions from your physical card will route to funds.
How do I use Ramp virtual cards?
Virtual cards are meant to be used when making purchases that are online-only, such as subscriptions. You can find the information for your virtual card within the Ramp on both mobile and web. Click the card to reveal:
- The full payment card number (PAN)
- CVV
- Expiration
How to create or request Ramp funds and virtual cards
You can learn how to create Ramp virtual cards in this article.
Tips for using Ramp virtual cards
We recommend using one virtual card per vendor.
- Security: If the vendor's website security is compromised, your card information with other vendors stays safe. You may simply lock the card for the specific vendor and not have any additional recurring spend blocked.
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Accounting: You can create merchant rules and card rules to easily code transactions from specific vendors. One card per vendor helps with financial organization.
- This can be done by heading to Cards --> click on the card you want --> click on edit. From there, scroll to Transaction coding rules, click add, and add your accounting rule.
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Flexibility: Ability to easily reassign cards to different owners as you hire and scale your team.
- Virtual cards can easily be transferred from teammate to teammate.
- This can be done by heading to Cards --> click on the card you want --> click on edit. Choose a new owner, then click save.
If you have many cards and funds, easily search for physical cards, virtual cards, or funds from the "view all" cards page. Search results will not include deleted cards or funds, pending spend requests, or individual reimbursements.