Using virtual cards will gain a truly global character in the nearest future. As proof, we see a growing number of clients using such cards and an active integration of virtual products by the most prominent payment systems. In the era of fintech inn…
The Wallester team regularly takes part in global events that are charitable and socially beneficial. One of the largest and most memorable events of this year for us was our participation in the Gumball 3000 Rally. It is one of the world’s mos…
Financial controllership can be challenging to describe because of its span. It bridges the gap between traditional accounting and newer fields such as financial strategy and management.Financial controllers should pay attention to detail while consi…
A budget is a road map for a company to plan, monitor, and update its income and cost streams to attain financial stability. Budgets enable you to monitor your progress toward your goals and to plan and carry out course modifications promptly.Without…
Working with finance always requires impeccable accuracy and attention. The bigger the business, the higher the cash flow — hence, the higher the responsibility shouldered by the financial department; the price of even the slightest mistake can cost…
Are you an entrepreneur who feels overburdened by the processing of invoices, which has become increasingly complex? Or a person in charge of streamlining the accounts payable workflow in your company?If yes, understanding the stages involved in proc…
We’re excited to inform you that the Wallester team will attend next week’s Slush 2022 event in Helsinki, Finland.Over 2,600 investors will join 4,600 company founders and operators worldwide at this prestigious gathering. The program thi…
Keeping track of business spending is a routine task that is very simple; however, every month, the finance staff waste essential time (and sleep) attempting to close the books.As we shall see, the significant issues are common to businesses everywhe…
The inevitable presence of riskEvery firm faces some level of financial risk, and starting a business is a dangerous endeavour. While some issues can be prepared for, not all financial risks can be managed. For instance, stock market volatility, inte…
Wallester Business: a financial ecosystem for successful corporate developmentThe initial period of company building is often compared to preparing a rocket for launch: to get a business running or see a sky-rocketing SpaceX launch, lots of effort an…
The finance department occupies one of the company’s most honourable and respected places. Its employees are involved in accounting, developing regulations, drawing up budgets, balancing sheets, and preparing for audits. But these are only a ti…
We are happy to inform you that our partner Altpay has now made their Visa Business Debit card program available.Information about our partner:Altpay is a 2018-founded electronic money institution with headquarters in the UK that focuses on offering…
Whether it’s gym memberships, groceries, or entertainment streaming services, recurring payments have become the backbone of many subscription-based businesses. Today, merchants have embraced digital payment technology to meet the rising demand for c…
Did you know you engage with embedded financial products when you avail of ridesharing services, place a food order on an app, or use any mobile payment app to pay your bills.Embedded finance services have become an integrated part of the finance mar…
The work of an accountant does not presuppose a vacation. First, you must file tax returns, prepare financial statements for different periods, and remember to close the month. Each of these tasks takes a lot of time; just completing the month can ta…
There was a time when people could only buy and sell physical products face-to-face. But the world evolved with the internet, causing businesses to take their goods and services online. As a result, there are millions of e-commerce websites globally,…
We’re excited to share that we’ve joined The Payments Association, home of the #PAY360Awards 2022 and the most respected group in the payments industry.Wallester is pleased to be joining forces with such a prominent organization that shar…
It’s no secret that plastic production and recycling drastically affect the environment. Nowadays, physical cards remain the №1 payment solution worldwide. However, it’s a good sign that the use of virtual cards and e-wallets, as well as physical car…