Implementing international transaction restrictions or requiring pre-approval for purchases can greatly reduce fraud charges. These measures add security by limiting where fraudulent activities can occur and ensuring transactions are verified before completion. This helps prevent unauthorized purchases and protects consumers and businesses from financial losses.
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Hi Christina! Thanks for posting and sharing your feedback! I just submitted this as a formal product request with our product team.
In the meantime, a workaround could be to create an International Travel virtual card and set up merchant or category restrictions on it. To do so, you can follow the below steps:
- Within the âCardsâ tab, go to âIssue Spendâ in the upper right corner to create the virtual card
- Underneath âAdvanced,â click into âSpending controls and restrictionsâ and choose to âAdd restrictionsâ
- Set up âblocked merchants or categoriesâ for those that you want to restrict your users from spending with
Hope this helps!