Hydrogen currently offers Supplier Payment Cards (sometimes known as Business Payments or B2B Payments) cards under our Business BIN programs.
Each use case of a client demands a specific approval for a "BIN range" at the sponsor bank and card network. For example, if you want to offer disbursements to business clients for a loan, you can't have that set up on a consumer reloadable BIN at the bank. Each use case is segregated.
We often get questions about how Supplier Payment Cards are different than Expense Management Cards (we will offer this card type and BIN in 2022) that you might get from Ramp or Divvy. In the table below we examine some key differences:
| Feature | Supplier Payments | Expense Management |
| Virtual Cards | Yes | Yes |
| Virtual Card Expiry | 60 Days | 30 Days |
| Physical Card Printing | No | Yes |
| Physical Card Expiry | N/A | 4-Years |
| Tokenization (e.g. Apple Wallet) | No | Yes |
| Max Load/Spend Per Card (Per Day) | $200,000 | $200,000 |
| Max Spend Per Company Per Month | Infinite | $2,000,000 |
| Reloading of Cards Allowed | No | Yes |
| Rotating Card Numbers (PAN) Available | Yes | No |
| Max Cards Per User | Infinite | 4 |
| Anonymous Payments (i.e. No AVS check on the cards) | Yes | No |
| KYC Required for End Users | No | Yes |
| Call Center Provided | No | Yes |
| Card Network | Visa Signature (Credit) | Visa PIN (Prepaid Debit) |
| ATM Access | No | No |
| Company Logo on Cards | Yes | Yes |
| Personalization on Cards Allowed (e.g. John Doe) | No | Yes (KYC Required) |
| Card Funding Source | Business Reserve Account at Sponsor Bank Only | Business Account at Sponsor Bank Only |
Optimal Users of Supplier Payment Cards
Supplier Payments programs are optimal for companies that meet some of the following criteria:
- Large dollar volume of purchases
- Large number of virtual cards needed
- Want more instant payments to suppliers for invoices
- Marketing campaign spending
- Looking for more anonymous payments with rotating PANs
- Do not want to store name, address, and PAN with merchants in case of hacks
- Pay many merchants that do not accept debit cards or prepaid debit cards (see list here)
Optimal Users of Expense Management Cards
Supplier Payments programs are optimal for companies that meet some of the following criteria:
- Require physical cards for in-person payments
- Want a PAN that does not change
- Have employees that require their own cards
- Do not have many merchants that block debit cards or prepaid debit cards (see list here)
Learn More
What is the difference between a consumer funded and business funded card program?
Are there specific merchants that do not accept Hydrogen's cards?