i2c, a California-based digital payments fintech, has partnered with Archa, an Australian based corporate card provider to introduce a corporate card programme for small and medium-sized enterprises. The programme will require no personal guarantee and has been designed to help SMEs between two and 200 employees. This will help businesses to manage their business spends with available tools through an application.
The Archa corporate card which will be powered by i2c technology uses multiple data sources and machine learning techniques to streamline risk assessment and enable instant lines of corporate credit and cards for employee expense accounts. This programme will integrate with the company’s existing software and help the organisation with money management.
“We selected i2c as our processor of choice because of their unique APIs and robust payments capabilities that allow us to deliver a differentiated credit solution to support the unique needs of startups and midsize companies,” said CEO or Archa Oliver Kidd.
Archa will enable businesses to set spending rules, limit and notify merchants about payment spendings and also provide analysis and report in real-time to optimize program management and cashflow.
“Archa and i2c share a commitment to drive the success and growth of clients’ business with solutions that deliver the utmost flexibility, reliability and control, as well as great customer experiences. We look forward to helping Archa expand this innovative program to other markets,” said President of i2c Jim McCarthy.