Virtual Card Dollar Limits and Split Pay

Vendors will have dollar thresholds in place for processing cards. These limits are often:

  • Dollar limits to keep the merchant fee lower
    • We can set a dollar threshold on a per vendor basis, so that any cards above that dollar amount will be sent via paper check.
    • Ex. Their payment limit is $10K. We will send them a $5K card, so they can get paid swiftly, and the remaining $5K via paper check as their preference indicated.
  • Daily limits allowed by their merchant service provider, for security reasons.
    • If a vendor swipes lots of cards in a day they may exceed their daily limit and need to wait until tomorrow to process.

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