PEX Card Launches Mobile App To Bring SMB Expense Management Services To iOS And Android Devices

 PEX Card Launches Mobile App To Bring SMB Expense Management Services To iOS
                             And Android Devices

Corporate prepaid card program management now available anytime, anywhere via

PR Newswire

NEW YORK, Jan. 15, 2013

NEW YORK, Jan. 15, 2013 /PRNewswire/ --PEX Card, the industry-leading
corporate prepaid card service for business expense control, today announced
the launch of a suite of iOS and Android applications called PEX Mobile^(SM).
This new service enables PEX Card administrators to perform critical day to
day cash management and expense control functions instantly from the road or a
job site using a smartphone.

As mobile wallets evolve and enhance the way people conduct transactions with
smartphone devices, small and medium businesses (SMBs) are searching for
mobile business tools offering more efficient ways to manage cash flow
remotely. For fast-changing operations and highly mobile businesses like fleet
vehicle services and contractors, PEX Mobile addresses those needs with an
easy-to-use solution.

PEX Card mobile app development efforts are part of the company's ongoing
strategy to provide customers with consistent service upgrades that create
cost and time efficiencies, and help SMBs gain better control of the expense
side of their P&L statement.

Administrators can use PEX Mobile to:

  oCreate time efficiency: improve response time for employees that need
    funds for company expenses immediately,
  oControl cash: enable or limit certain spending as required, in real time
    from the field,
  oLimit risk: suspend employee card use,
  oReview: Access information about their company's program and cards, and
  oStay in touch with spend: Review transactions by cardholder

"In this economy, businesses are constantly in an 'all hands on deck' mode of
operating. PEX Card administrators often play more than one role within their
organization, and don't have the luxury of managing employee spending from
behind a desk," said Toffer Grant, CEO and Founder of PEX Card. "PEX Mobile
provides highly-active businesses with a seamless way to adjust their expense
card program in real-time and on-the-go."

For more information on PEX Card

The PEX Visa® Prepaid Card is issued by The Bancorp Bank; a wholly owned
subsidiary of The Bancorp, Inc. (NASDAQ: TBBK), pursuant to a license from
Visa U.S.A., member FDIC.

About PEX Card
PEX Card is the industry's first turnkey commercial prepaid card program
launched specifically to help businesses streamline employee expense
management. The PEX Card Administrative tool includes innovative control
features for managing pre-funded deposits that are directed to Visa prepaid
cards employees use for day-to-day spending. Businesses that integrate the
PEX Card Service into their operations experience greater cash flow visibility
by making funds disbursements and limiting spending more efficiently than with
traditional card services, cash advance or expense reimbursement policies.
The company is committed to introducing innovative services that better
facilitate card-based purchasing commonly made by mobile work forces. PEX
Card is partnered with key industry leaders, including The Bancorp Bank,
TxVia, and Visa U.S.A. Inc. (NYSE: V). PEX Card is privately held and is
headquartered in New York City. For more information, please

Media Contact
Bill McCue
North 6^th Agency


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