Payment Options for Multiple Companies
VPM allows only one credit card payment method per company. This Article provides guidance for companies with multiple sub-companies that want to pay their remote team members using different credit cards.
Note: This guide is specifically designed for scenarios where a Remote Team Member provides services to multiple sub-companies under a parent organization. In such cases, each sub-company is responsible for a portion of the team member's compensation.
Key Considerations
- Companies can only enroll one credit card at a time.
- VPM only accepts credit cards as a payment method.
Steps to Set Up Payment for Multiple Companies
Step 1: Create a New Company Account
To use a different credit card, create a separate company account within VPM.
Step 2: Set Up a Different Bank Card
Ensure the new company account is linked to a different credit card for processing payments separately.
Step 3: Post a Job for the Second Company
- Create a new job posting under the second company account.
- Hire the remote team member that requires payment from this separate account.
Step 4: If needed, close the original Job for the Remote Team Member
- Once the new job is created, close the previously filled job associated with the original company account.
- This prevents confusion and avoids duplicate payments for unauthorized timelogs.
Benefits of This Process
✔ Eliminates confusion when managing payments across multiple sub-companies.
✔ Ensures that each company account has a separate credit card linked.
✔ Prevents accidental double payments for remote team members.
For further assistance, contact VPM support.