A business guide: how to pay for global services from Hungary

Hungarian companies frequently encounter challenges when paying for international services. Local banks impose restrictions on card top-ups, transaction volumes, and the overall number of operations. These limitations hinder business operations and increase administrative costs. Companies with high transaction volumes face even greater obstacles in managing their finances effectively.

The Ultima virtual card from PSTNET eliminates these challenges. Ultima is a versatile payment solution, a virtual banking card powered by Visa and Mastercard. With no spending or top-up limits, a transparent fee structure, and a host of additional benefits, it’s designed to simplify global payments for businesses. Read on to learn how virtual cards like PSTNET’s Ultima can revolutionise your business payments from Hungary.

The capabilities of Ultima for businesses

Ultima is a virtual card, meaning there is no need for a physical card. This makes issuing and using the card exceptionally straightforward. Businesses can instantly issue virtual dollar payment cards through their PSTNET online dashboard and begin using them immediately.

The Ultima card is tailored for a wide range of business purposes:

• Payment of operational expenses
• Purchasing software and subscriptions
• Booking hotels and transport services
• Covering travel expenses for business trips

These cards are suitable for transactions anywhere in the world, wherever Visa and Mastercard are accepted.

A payment solution for high-volume businesses

Traditional payment cards often impose stringent limits on top-ups, individual transaction amounts, or the total volume of operations. These restrictions can complicate financial management, forcing businesses to issue multiple cards. This approach not only increases costs but also adds layers of administrative complexity and burdens accounting processes.

Ultima addresses these issues by eliminating top-up and spending limits. Businesses can handle large payments without worrying about thresholds. Additionally, multiple cards can be issued simultaneously, allowing companies to allocate budgets across departments or projects more efficiently.

Transparent terms and low fees

The Ultima card boasts a transparent pricing model. There are no fees for transactions, frozen operations, or withdrawals. The only fee is a 2% charge on balance top-ups.

Cards can be topped up using several methods:

• Bank transfers: Supporting international systems such as SEPA and SWIFT
• Cryptocurrencies: Over 18 crypto coins are accepted, including BTC, USDT (TRC20 and ERC20), ETH, and others
• Other Visa or Mastercard cards