Letting employees make business purchases with credit cards, debit cards, checks or cash has disadvantages, such as the need for preapproval and signatures and the exposure to fraud. Now some small businesses are relying on prepaid cards with fixed amounts of cash loaded onto them. "You're giving someone enough responsibility so they can do their job, but not so much responsibility that it creates exposure for the business," said Toffer Grant, CEO of PEX Card.

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