penny logo

penny

by The Penny Inc. · Since 2015
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ActiveAvailable globallyCloud
Quick facts
VendorThe Penny Inc.
Year launched2015
StatusActive
LocationSan Francisco, California
Countries servedGlobal
Languages1
Integrations5+
Free tier
Free trial
Contact sales

About penny

Penny is a payments platform from The Penny Inc. designed for scalable financial transactions. It provides transaction processing, reporting tools, and integration capabilities so businesses can handle payments efficiently. The platform supports a variety of payment methods and currencies, making it versatile for different markets. Penny's user-friendly interface allows businesses to manage transactions easily, while reliable security features ensure safe payment processing. Key capabilities: transaction processing reporting tools integration capabilities multi-currency support security features Best for: businesses that need a reliable solution for managing diverse payment transactions.

The Penny by The Penny Inc emerges as a sophisticated expense management and payments platform tailored to streamline financial operations for businesses. At its core, The Penny integrates a reloadable debit MasterCard with a comprehensive expense management application, designed to enhance the efficiency of tracking and controlling employee spending. This amalgamation of physical and digital tools positions The Penny as a potent solution for mitigating budgetary oversights and reducing financial leakage within organizations. One of The Penny’s standout features is its user-friendly interface. The design prioritizes clarity and ease of navigation, featuring a clean and organized dashboard. This intuitive setup ensures that users can effortlessly access key functionalities such as expense reports, card management, and spending analytics. Unique design elements, including customizable widgets and drag-and-drop capabilities, contribute to a seamless user experience. Such features not only simplify routine tasks but also enhance overall productivity by allowing users to tailor their dashboards to their specific needs. The Penny excels in delivering a robust suite of functionalities designed to cater to the needs of small to medium-sized enterprises.

Pros & Cons

What users like
  • +Eliminates unwarranted card declines
  • +Provides high rebates and optimized payment processes
  • +Real-time data and budget management
  • +Strong customer support
What users flag
  • Integration complexity
  • reliance on multiple bank partners

Features

Key features

1. Unlimited Virtual Credit Cards (VCCs) with zero issuance fees
2. AI-powered fraud prevention tools
3. Optimized BIN selection and interchange rates
4. Real-time budget tracking and spend control
5. Comprehensive data analytics and reporting

Additional features

1. Bulk VCC issuance
2. Instantaneous transaction authorization and funding
3. Spend compartmentalization with Penny Wallets
4. Real-time data access and reporting via Penny Central
5. Programmatic delivery of payments data
6. Human-powered customer support

Pricing

Free trial
Free version
Request a quote
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Countries & Languages

Global
Countries served
1
Interface languages
10
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇿NZD

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