INXY to Launch Secure Virtual Cards in Q3 2022
NEW YORK, April 7, 2022 (Newswire.com) - INXY, a leading company specializing in subscription tracking services, has just announced the launch of their latest fintech tool: Virtual cards. Now, users will be able not just to find and track all their personal or business subscriptions linked to one or more virtual cards automatically, but also to cancel and make budgeting decisions from a single dashboard.
The main goal of INXY virtual cards is to help users control their subscriptions more efficiently and transparently. For example, by letting them see whether a merchant is overcharging them and scheduling automatic cancellations after a trial period ends. The new cards have no physical form but follow strict security protocols to help prevent fraud.
"The team is proud to announce this further step that will allow users to manage all of their subscriptions without endlessly browsing apps and webs." - Ruslan Zholik, CEO of INXY.
INXY has taken up the challenge of making users' experience when dealing with subscriptions easier.
Virtual Cards Help Users Manage Multiple Subscriptions from a Single Dashboard
One of the main advantages of INXY's new virtual cards is that users can set up separate ones for each of their subscriptions. Many people are not really sure how much they spend on subscriptions a year. INXY allows its customers to have complete control over their cash flow and start saving on what they don't use.
INXY's automatic subscription tracker allows users to manage all subscriptions from a single dashboard. In addition to this, users will now be able to easily create and control new virtual cards. Although the initial approval process for a card takes between one and two days, the platform can issue subsequent cards immediately.
INXY virtual cards will help users keep a close eye on their subscriptions and pause or cancel them at any time. In addition, because the subscriptions can be linked to a specific card, they can be handled independently by setting up spending limits and blocking services they no longer require.
Virtual Cards Help Users Cancel Subscriptions More Easily
Canceling or pausing subscriptions has become a time-consuming and times exhausting endeavor. Many companies make an effort of hiding cancellation buttons or conveniently forget to send consumers emails reminding them their trials are about to end.
INXY was determined to make the process of canceling subscriptions easier. So, in addition to their existing smart decision notifications (that can integrate with your messenger and calendar applications), you will now be able to schedule virtual cards to close at a specific time - for example, before a test period ends or after one payment. The cards make it easier to stop paying for what you don't need anymore.
Virtual Cards Can Help People and Businesses Manage Their Budget
Until now, there was no easy way to manage all subscriptions from a single place. INXY and INXY virtual cards save users' time and effort by letting them manage all their services from a unified dashboard.
Companies use, on average, up to three times more subscriptions than their owners think. The new cards, just like the tracking system, are an excellent solution for companies to get a unified view of all subscriptions in one dashboard and pinpoint average costs per employee, team, or project.
This accessible overview of each subscriptions' status and the ability to use different cards helps personal and business users save money and feel more in control in a growing market.
Virtual Cards are More Secure
INXY virtual cards have no physical form, but they follow all the security protocols of a regular plastic card. Plus, they have the advantage that they can't be lost. INXY also uses PSD2-compliant banking integration and best-in-class 256-bit encryption protocols to help you keep your data safe and sound.
If a card linked to a merchant is compromised, the card number will get locked, and the card disabled to use anywhere else. This extra layer of protection can also help prevent fraud.
Source: INXY
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Tags: fintech, saas, subscriptions management