Monitor and Control Spending
If you’ve ever wished there was a way to more simply manage and control teacher and staff purchases, gain greater insight into where money was being spent, eliminate having to process thousands of reimbursements, and limit spending to approved vendors, we have good news! You can.
Introducing PEX with BuyQ
BuyQ has partnered with PEX to offer charter and private schools a new approach to managing school funds and expenses. From student clubs and events to books and classroom supplies, PEX Prepaid Visa® Cards eliminates cash and checks and keeps programs on budget and moving forward. The PEX platform enables you to easily set internal controls, custom spending limits and receive real-time notifications each time your teachers, staff or volunteers use the card. Last minute supply run while on a school trip? Cardholders can request immediate funds to be added to their card and capture receipts at point of purchase through the PEX mobile app. Gain insights and visibility on how funds are used and create custom reports and integrations to streamline reconciliation and let PEX support your wide range of spending needs.
Through BuyQ’s partnership with PEX, schools receive:
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- 12-month free trial – No monthly card fees for the first twelve months.* A $960 savings!
- No account setup fee – The normal $39.95 account setup fee has been waived for as long as the BuyQ/PEX preferred vendor agreement is in effect.
- Streamlined account setup – A simplified onboarding process that includes verification of the employer identification number (EIN), checking account information and identity verification procedures for account administrators.
- Personalized support – Charter and private schools will have access to a dedicated PEX support team for all customer service needs.
- Ongoing discount after 12-month trial – $0.40 per card over 100 cards.
*1.5% international service fee always applies.
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