MEDIA PRODUCTION CARDS

TV and film production companies require a cost effective, transparent solution to distribute funds to production crew both in the UK and overseas to cover day to day expenses as well as larger production costs and payments.

CorporatePay has worked with many clients in this industry creating bespoke solutions leading up to the development of Media Production Cards; a tailored payment solution for the media production industry.

How can Media Production Cards benefit Media Production companies?

Media Production Cards provide businesses with prepaid cards in up to three currency denominations, depending on their common production locations. These cards can be distributed to employees or temporary staff on a long term basis or at the start of each new production with funds transferred to individual cards as and when required, via a centrally managed system.

• Simple and instantaneous payment of expenses, regardless of employee location, allows funds to be allocated to cards at the last minute
• Significant cost savings and greater oversight of expenses occurred overseas is facilitated through using US Dollar or Euro denominated cards

Expenses can be set on a daily or monthly basis, as well as spending limits to prevent overspending and reduce unauthorised spending. While real time access to expenditure by card gives greater oversight of total spend throughout the production, ultimately helping to reduce the administrative time for managing expenses and improve budgeting moving forward.

How can Media Production Cards benefit the production crew, either on location or in the office?

With the use of Chip & PIN technology, Media Production prepaid cards offer a more convenient and secure alternative to carrying large volumes of cash. The cards can be used at ATMs or for PoS transactions, just like a debit card, giving quick and easy access to funds as required.

The ability to load funds in real time offers additional benefits to the crew, as there is no need to incur expenses on their own cards or arrange logistics to collect the cash allowance. In addition the online recording of transactions reduces the amount of time required at the end of production to collate receipts and expenses, freeing up time for other activities.