LUNADIS & Cardlay team to deliver new card, expense management tool
By Gloria Methri
Danish card and spend management FinTech Cardlay has partnered with fleet card issuer LUNADIS to deliver an end-to-end card, expense, and VAT reclaim capability. The new solution, called LUNADIS Pay, is a fully integrated, private label card and expense management solution that includes Cardlay’s Vattax module, an automatic EU VAT reclaim software.
“Together with Cardlay, we aim to make an easy, paperless, and fully digitalized solution for our customers across Europe. Our customers will benefit from an open-loop card solution with positive administrative and cost effects. From integrated card management to expense management and VAT reclaim, which due to automation is possible for even small amounts,” said Frank Hock, Managing Director LUNADIS.
Cardlay’s solution for LUNADIS is built on advanced APIs and consists of an app and web application which automates the company’s payment and expense handling.
Cards can be ordered as needed with individual spend limits for each employee, easily added to a mobile wallet. For administrators, the web portal provides a complete overview of all cards, employees, teams, and expenses. All expenses can be tracked, made ready for accounting, and exported.
“The ability to integrate Cardlay’s innovative spend management solutions means that LUNADIS can focus on what they do best, now also allowing them to benefit from safe, secure, and efficient spend management,” said Cardlay CEO Jørgen Christian Juul. “It has been a pleasure working with the professional and dedicated team at LUNADIS and we are proud to partner with them to ensure both business and customers are provided with the best tools to handle their corporate expenses.”
IBSi Daily News Analysis
January 16, 2024
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