Zil Money Addresses Shared Card Challenges with Vendor-Locked Virtual Cards
The platform lets businesses issue cards tied to specific merchants and spending limits, stopping unintended purchases before they happen.
TYLER, TX, USA – May 13, 2026 – Zil Money, a leading B2B payments platform, today highlighted its vendor-locked virtual card feature. The announcement targets a recurring expense control problem for US small and midsize businesses. Specifically, it addresses unintended purchases that happen when employees and contractors share a single business card. With this feature, finance teams can issue individual virtual cards. Each card locks to a specific merchant and spending limit, so every purchase has a defined purpose before it is made.
Shared cards give businesses very little real control over employee spending. When five people use the same card, there is no reliable way to know who spent what. A card intended for office supplies can just as easily be used at a restaurant or for personal items. Moreover, businesses typically find out after the transaction, not before. This makes shared cards a poor tool for any team managing regular vendor payments or contractor expenses.
In addition, a single fraud incident on a shared card affects everyone. The entire team loses access while replacement cards arrive, sometimes taking five to seven business days. Work stops, and the business pays the cost of disruption.
Zil Money’s virtual card feature addresses this at the point of issuance. First, a business creates a card and assigns it to a specific merchant. Next, the business sets a spending limit. That card then works only at that merchant. For example, a card created for Google Ads works only for Google. Similarly, a card issued to a contractor works only at the approved supplier. There are no exceptions and no workarounds.
“Shared cards give businesses an illusion of control,” said Sabeer Nelli, CEO of Zil Money Corporation. “Our virtual card feature ensures every purchase is intentional before it happens, not investigated after.”
Each virtual card creates directly from the Zil Money wallet. Cards support Apple Pay and Google Pay from the moment of issuance. Real-time alerts notify account holders the moment a card is used. Additionally, individual cards can be paused or canceled without affecting any other card in the account. If one card is compromised, it does not disrupt the rest of the business.
About Zil Money
Zil Money is a leading B2B payment platform providing comprehensive financial solutions for small and midsize businesses. Its cloud-based system supports ACH transfers, domestic and international wires, real-time payments, virtual cards, check printing and mailing, and global payouts from a unified interface. With more than one million registered users and over $100 billion in processed transactions, Zil Money continues to advance payment technology tailored to the needs of SMBs.
Media Contact:
Zil Money Corporation
Telephone: +1 4082228012
Email: [email protected]
Website: https://zilmoney.com/
**Zil Money is a financial technology company and not a bank. Banking services are provided by our partner bank, Member FDIC. **
