Wallester

Full control

You know that delegating tasks is key to scale your business. However, the feeling of losing control and being overwhelmed by a mountain of paper work is something that we all want to avoid. What if you could unleash the full potential of your team and take back control of business expenses? Now you can, with Wallester.

Wallester is a platform that allows businesses to issue corporate payment cards for each of their employees. It allows companies of any size to centralise and manage business expenses for free. Wallester also secures payments while giving employees more freedom to act.

TL;DR

Wallester Review: 4.9/5

This review about Wallester reflects our experience and tests. It is limited to this section for general information purposes only and does not constitute financial advice. The rest of this page is informative and objective (except Customers Reviews about Wallester at the bottom of the page).

Features overview

How does Wallester works ?

Wallester works as a buffer bank account that allows you, as a business manager, to centralise expenses of all employees. This account must be topped up by bank transfer (free of charge) with an amount equal to or greater than the estimated budget to cover all business expenses (such as the purchase of office equipment, marketing expenses or software products).

Once the account is topped up, virtual and physical bank cards can be issued instantly and given to each employee who needs it. Wallester account allows manager to control employees’ card : payment limits, restriction based on the type of spending, withdrawal limit, etc.) and the mobile application allows employees to control their budget and scan receipts.

Benefits of Wallester

• The employer benefits from a centralized view of company expenses and a better control over budgets
• Employees no longer need to use their own personal means of payment or ask for the manager’s to make an expense on behalf of the company. Employees gain more freedom to act and no longer waste time filling in expense reports
• The accounting department saves valuable time, as it no longer needs to process expense reports. Receipts and invoices are digitized and linked to expenses, automating the accounting process.

Features

• Corporate expense cards (physical and virtual cards with an bank account)
• Expense control: real-time transaction monitoring and control over cards limits
• Payment Approval: confirmation system that allows employees to make a purchase request and managers to validate it.
• Online purchasing: instant issuance of virtual cards for online purchases (like Google Ads for exemple)
• Paperless invoicing: employees can upload receipts and invoices with their mobile application
• Accounting automation: scan of receipts and export for accounting processing
• API : connector between Wallester and any kind of online service to automatically send and receive data
• Budget management : integrated financial accounting service
• Reporting : consolidated and detailed dashboard on all company expenses.

Insurance and Support

Wallester offers email support in English at support@wallester.com. “Custom plan” clients benefit from a premium technical support.

In addition to the customer service, Wallester cardholders and their expenses are covered by Visa Classic and Visa Business insurance.

Wallester corporate cards come with an App for employees and an online account to centralize and manage expenses

Pricing

Wallester card limits

Wallester card limits are fixed by the account manager at a global and individual level.

For example, the limit of the marketer’s card can be fitted to the total amount of marketing expenses to be made each month (e.g. Google Ads and Facebook Ads) without the risk of the payment being rejected.

Fees on special operations

Wallester Corporate Cards

Wallester Sign Up

Wallester conditions :

• The company must be registered in the European Economic Area or in the United Kingdom
• Valid information and supporting documents regarding the company and its shareholders must be provided

Opening a Wallester account:

1. Click on “Get Started”
2. Click on “Create Free Account”
3. Complete the 4-step form
4. Once you are logged in your account, complete the verification of your account or start using the service

Documents to provide

2 supporting documents must be provided in a second step in order to issue the first cards:

• Extract (certificate) from the register containing information about the Board Members (directors)
• Extract from the register (certificate) containing information about the owners and/or the ultimate beneficial owner

You also need to provide some basic information about the company (Registration Number, VAT number, etc.) as well as information about the company’s shareholders holding 25% or more of the capital.

FAQ