Why would I use Rain over other corporate cards?

If you find outdated infrastructure is holding back traditional fintech products that make it difficult to access funds, you need a credit card designed specifically for crypto native teams. Here, we explain why Rain’s cutting-edge technology and on-chain infrastructure help resolve common issues, allowing you to spend faster than you receive a 2FA text message from a centralized exchange.

What is Rain?

Rain is a corporate card built for crypto-native teams redefining modern finance. It offers the fastest, most direct payment method connecting Web3 companies with vendors. This card also eliminates fees, offering instant spending so vendors receive fiat, avoiding the regulatory risks of accepting crypto. It is the best solution for companies looking for a corporate spend management platform as it is customized for DAOs, protocols, networks, and projects in the Web3 space. 

As a result, it seamlessly accommodates the unique governance and operation models of Web3 teams yet never compromises fiat interoperability at the merchant level. Rain is helping to empower the expansion of the digital money ecosystem worldwide and is available on Ethereum and Polygon mainnet with plans to expand.

Who should use Rain?

Because of Rain’s revolutionary design, it is the ideal spend management platform for Web3 teams. If you rely on fiat ecosystems to operate, it is available for teams using self-custody, institutional custody, and everything in between, with seamless access to essential business tools. It can also support international organizations.

Why is Rain better than other corporate cards?

Rain accesses real-world spending with your on-chain assets and is the only solution that does not require a centralized exchange, OTC Desk, or a bank account for use. All existing providers either convert assets into fiat for you to spend or need a bank account with a cash balance to access a credit line. Rain, on the other hand, is the only corporate card allowing you to cover your business expenses using your on-chain assets. 

You can also easily streamline your finances with accounting software integrations for Quickbooks™ and Entendre™ leveraging over $750,000 in discounts from the top companies across Web3 and Web2, including:

• Quickbooks
• Zoom
• Alchemy
• Google
• Slack
• Airtable
• Notion

Is Rain a credit or debit card?

Rain provides native credit and repayment support for stablecoins like USDC and is on Ethereum and Polygon mainnet. Because it operates on the credit rails, it acts as a credit card, allowing you to use it for business expenses like reserving rental cars, booking flights and accommodations, and purchasing from other vendors, something you can’t do with many competing debit cards. 

You have a credit limit set against the value of your on-chain assets, such as USDC, allowing you to plan your monthly spending. A significant difference is that your funds aren't debited from your account after each transaction like a debit card and instead are payable at the end of each month.

Why is Rrain the better corporate card for teams?

Simply put, you set the limits for your team and their cards to help control spending. You also have an automated account and reconciliation option providing granular memos and receipt capture so you can consolidate your on-chain spending effortlessly. Rain can also manage individual team budgets, allowing you to set up sub-accounts for each team.

If your Web3 company needs an easy way to monetize and spend crypto, Rain is the best corporate card solution.