Managing business finances efficiently is a challenge that many companies face, especially as operations grow and financial demands become more complex. Wallester, an Estonian fintech company, offers a forward-thinking approach to solving these challenges. Combining advanced technology with user-friendly tools, Wallester helps businesses take control of their financial processes while reducing unnecessary complications.
As a licensed Visa Principal Member, Wallester enables companies to issue customized payment cards, track expenses in real time, and integrate seamlessly with their existing financial systems. From small startups to global enterprises, Wallester provides scalable solutions designed to meet the needs of modern businesses.
The company’s mission is clear: to simplify corporate financial management and empower businesses to operate with greater efficiency and precision.
Expense management: From challenges to solutions
When a single corporate card is shared among a large team, accountability becomes unclear. Tracking who made a specific purchase – or why – turns into an unnecessary complication. Missing receipts, vague payment descriptions, and unapproved expenses are common headaches. These issues frustrate finance teams and create blind spots in a company’s financial oversight.
The lack of control doesn’t stop there. With no way to assign individual spending limits, businesses risk budget overruns and unplanned expenditures. Employees often face delays when they need to make essential purchases, as access to the card has to be coordinated. At the same time, finance managers are left dealing with lots of receipts and end-of-month statements that require hours of reconciliation.
Wallester offers a platform specifically designed to improve the way companies handle their financial operations and streamline expense management. Instead of relying on a single card, Wallester empowers businesses to issue multiple corporate cards, each tailored to specific needs. These cards can be assigned to individual employees, departments, or projects, offering clarity and control that traditional methods lack.
With Wallester, companies can set spending limits for each card, making certain that budgets are adhered to without requiring constant oversight. Real-time transaction monitoring allows finance teams to keep track of every expense as it happens, eliminating end-of-month surprises. Additionally, Wallester’s detailed reporting tools provide a clear overview of spending patterns, making audits and reconciliations simple.
By replacing the inefficiencies of shared cards with customizable, transparent solutions, Wallester addresses the core challenges of corporate expense management. It gives companies the tools to simplify financial operations and improve accountability.
Start effortlessly
Adopting new financial tools is often complicated, but Wallester guarantees that integrating their platform into your company is both simple and efficient. The onboarding process minimizes hassle while maximizing convenience, allowing you to take advantage of modern fintech solutions without disrupting your existing operations.
Creating your Wallester Business free account
Getting started is straightforward:
- Visit the Wallester Business website — Navigate to the official website and click on the “Create Free Account” button to begin the registration process.
- Provide essential company information — Fill out the registration form with your company’s basic details.
- Set up your login credentials — Create a secure username and password for your account.
- Agree to Terms and Conditions — Review and accept Wallester’s terms of service and privacy policy to proceed.
It is important to note that Wallester Business requires your company to have an existing eligible business bank account.
While Wallester provides advanced financial tools and services, it does not function as a traditional bank. Instead, it complements your current banking setup, allowing you to:
- Maintain your established banking relationships without switching banks or opening new accounts.
- Integrate seamlessly and use Wallester’s services alongside your existing financial infrastructure.
This approach offers the advantage of improving your financial operations without the complications that come with changing banks.
Virtual IBANs (VIBANs): Streamlining transactions
One of Wallester’s standout features is the provision of Virtual International Bank Account Numbers (VIBANs) for each corporate card issued. Here’s how VIBANs benefit your business:
- Easy top-ups. Each card’s VIBAN allows you to transfer funds directly from your existing bank account. Simply initiate a bank transfer to the VIBAN, and the funds will be available on the corresponding card.
- Apple Pay integration. For added convenience, Wallester supports top-ups using Apple Pay. This means you can fund cards instantly using your preferred devices.
- Individualized funding. Assign specific budgets to individual cards, departments, or projects with ease. This sort of control helps in precise financial planning and allocation.
Simple KYC process and personalized support
Wallester prioritizes compliance with financial regulations while ensuring that the KYC process is smooth and user-friendly.
Here’s how it works:
- Sign up — Begin by creating your Wallester Business account through our intuitive online platform.
- Provide information — Submit the necessary business details through a straightforward form. The process requires only essential documentation.
- Get personalized manager assignment — Once your information is verified, Wallester assigns a dedicated account manager to onboard you. Our managers are real people, chosen based on your specific needs, including language preferences.
Your assigned manager is available to guide you through every step, answer any questions, and ensure you are set up to make the most of Wallester Business.
Customize card usage to fit your business operations
Wallester Business cards are tailored solutions that address a wide variety of business needs. From managing advertising budgets to simplifying travel and handling day-to-day expenses, Wallester cards provide companies with flexibility and control. Some of the key scenarios include:
Media buying
This is where Wallester Business cards make a significant impact.
- Dedicated cards for campaigns
Wallester allows businesses to allocate specific cards to individual advertising campaigns or platforms, offering the flexibility to use dedicated or shared BINs. By doing so, each campaign’s expenses are tracked separately, transactions went smoothly, and fully transparent.
For example, your marketing team can use one card for Google Ads and another for Meta Ads. Each card can have specific daily spending limits to keep budgets in check and prevent overspending. Additionally, Wallester offers free 3D Secure (3DS) whitelisting, ensuring payment security and making transactions smooth with no need to pass 3ds verification when paying on the whitelisted site – that saves your mediabuying team’s time. - Real-time budget tracking
With real-time expense monitoring, finance managers can instantly check how much of the campaign budget has been used. This feature helps businesses prevent overspending and adjust allocations promptly if a campaign’s performance requires more funding. - Smooth reporting
Wallester’s reporting tools make it easy to analyze ad spend across platforms. Marketing teams can identify which campaigns are generating the best results and refine their strategies accordingly, all while keeping expenses under tight control.
By providing clear tracking, real-time updates, and the ability to assign specific budgets, Wallester cards help businesses get the most out of their advertising dollars.
Travel booking and concierge services
For companies with employees who frequently travel for work, managing travel expenses is usually a logistical challenge. Wallester cards offer a solution that makes corporate travel easier to manage and more efficient.
- Wallester cards can be used to pay for flights, accommodations, car rentals, and other travel-related expenses directly. Employees no longer need to pay out of pocket and wait for reimbursements, as the cards enable immediate payment while providing full transparency for the company.
- With Wallester, businesses can set spending limits on cards to make certain employees stay within travel budgets. Limits can be customized for each employee or trip, providing both flexibility and control.
- Finance teams receive instant notifications for each transaction, allowing them to monitor expenses as they occur. This real-time visibility ensures there are no surprises at the end of a business trip.
- For senior executives or high-profile trips, Wallester cards offer access to premium concierge services. These services can assist with last-minute bookings, upgrades, or personalized travel arrangements.
By offering a single solution for all travel-related payments, Wallester cards simplify the process for both employees and finance teams, reducing administrative overhead and ensuring a smoother travel experience.
Everyday corporate expenses
Day-to-day expenses are a part of every business operation, whether it is purchasing office supplies, hosting client meetings, or managing subscriptions. Wallester cards make these routine transactions effortless and transparent.
- Office supplies and equipment
Teams can use Wallester cards to buy essential supplies, guaranteeing these purchases are tracked in real time. - Client entertainment
From lunches to event hosting, entertaining clients is a common expense for many companies. Wallester cards provide a convenient way to handle these costs while keeping a clear record of spending for each occasion. - Subscription services
Many companies rely on multiple subscription-based tools, such as software licenses, cloud services, or media platforms. Wallester virtual cards are particularly effective for managing these payments. With the ability to assign a dedicated virtual card to each subscription, businesses can easily monitor and control these expenses. - Departmental spending
Wallester cards can be issued to specific departments, giving teams the autonomy to handle their budgets. For instance, a marketing department can have its own set of cards for ad spends and event planning, while the IT team uses theirs for software purchases and maintenance services. - Simplified reconciliation
Wallester’s automated receipt matching and detailed transaction logs make it easy for finance teams to reconcile these everyday expenses.
Wallester cards transform how businesses handle payments across a variety of scenarios, offering transparency, efficiency, and control. Whether you are running ad campaigns, booking travel, or managing day-to-day operations, Wallester provides the tools to simplify processes and improve financial oversight.
Why choose Wallester?
Wallester stands out as a comprehensive solution for businesses aiming to simplify and optimize their financial operations. Here’s what makes it the ideal choice:
- Transparency and control. Real-time monitoring, customizable limits, and detailed reporting give you the best oversight. Every expense is accounted for, simplifying financial management.
- Seamless integration. Easily adopt Wallester into your existing financial systems without the hassle of switching banks.
- Security you can trust. Advanced security features and strict regulatory compliance protect your business at every step. From safeguarding transactions to guaranteeing data privacy, Wallester protects your business at every level.
- Flexibility for growth. Wallester scales with your business, whether you are a startup or a global enterprise. As your team expands, the solution adapts to meet new demands smoothly.
- Exceptional value. The platform combines innovation with affordability. With its free package, businesses can issue up to 300 virtual cards at no cost, allowing teams to get started immediately. Besides, there are no fees for topping up in euros, no transaction fees, and free access to the expense management software.
All these advantages make Wallester’s platform an economical and efficient choice for businesses of all sizes.
Ready to transform the way you manage expenses? Sign up for Wallester Business today and experience the future of corporate financial management.