What is Dream Pay? What products does Dream Pay have?

What is Dream Pay?   

Mengxiangfu is a leading payment and expense management platform under Mengxiang Financial Services Group, providing easy-to-use and powerful payment and expense management solutions designed for small and medium-sized enterprises. In addition, Mengxiang Business Services will provide business owners and employees on the Mengxiangfu platform with a full set of local solutions such as company, tax, banking, and cloud office.

What products does Dream Pay have?

1. Functional scenarios

1. Corporate Card

Build your expense spending policy into a company card and exercise detailed spending control over each employee.

2. Overseas shopping via e-commerce

Say goodbye to information leakage and credit card fraud, and shop without worries - start with MXK8 credit card.

3. Account Registration

Developer account registration money-saving expert MXK8 credit card helps you avoid external card payments from platforms such as Google and Apple.

4. Virtual Card

Generate and assign a virtual card to your account for instant and secure access to shop online as you wish.

5. Advertising fee paid to amz123

Facebook/Instagram advertising payment can be easily handled with MXK8 credit card.

6. Subscription Services

MXK8 credit card can easily solve your reimbursement worries for overseas subscription services.

7. Sub-account management

Effectively manage the complex expenses of different departments or branches. The sub-account function allows you to manage easily and rest assured.

8. Travel booking

The MXK8 credit card that you can use and discard at any time is your most private business travel reservation manager.

9. Membership prepaid card

Say goodbye to the cumbersome traditional membership service platform card purchases. MXK8 easily issues VISA credit cards and bank deposits, which is safe and compliant.

2. Qualification Fee Rate

1. Application Materials

Company documents: Article, EIN original documents;

Company Owner Documents: SSN certification document or ITIN certification document, U.S. driver's license or Chinese passport; (Note: The passport must be provided together with the company owner's U.S. residential address)

Recent bank statement of the company: the billing address must be the address on the company's certificate of incorporation, preferably the business address;

The company owner's recent bank statement: The billing address must be a U.S. residential address. If a U.S. driver's license is provided, it must be consistent with the address on the driver's license;

*Optional:

The company's recent utility bill (the billing address must be the business address on the company's certificate of incorporation)

The company owner’s recent utility bill (the billing address must be a U.S. residential address. If a U.S. driver’s license is provided, it must be consistent with the driver’s license address).

2. Usage Rate

SMB merchants: 1 month free trial, $149 per month, free for monthly spending of more than $100,000;

VIP merchants: 2-month free trial, $99 per month, free for monthly spending of more than $50,000;

VIP qualification: Recommend 3 compliant merchants to the platform to enjoy VIP user rates.

This is the end of the knowledge about Dream Pay in this issue. If you want to get more information about Dream Pay, please pay attention and we will continue to answer your questions~