There are a lot of opinions on this, but I’ve never felt super comfortable giving cash directly -- especially in a city like San Francisco that (at the time) had good facilities for the homeless, but only if you showed up sober. Basically, the same exact technology I wanted to build for my platform for feeding the homeless, but wrapped in a fictional startup. No problem: enable Personal Offsets and we’ll use the same logic to make a donation for each purchase you track with Expensify, whether for business or pleasure. And it all would have ended very quickly, had two lucky things not happened: the App Store opened, creating a free channel to distribute this app, and the next iPhone had an auto-focus camera that took crystal clear receipt images on the road. Introducing Karma Points, the newest Expensify Card initiative that makes an automatic charitable donation with every swipe. Expensify, the expense management platform, announced a new corporate card initiative, Karma Points, that makes an automatic charitable donation every time an Expensify cardholder makes a purchase. Expensify cardholders simply make a purchase, and Expensify donates 10% of card revenue to Expensify.org on the cardholder’s behalf. Rewards worth hundreds of billions of dollars go unredeemed every year, and most people with rewards cards spend more in fees and interest than the paltry rewards they earn. labelMulti-Currency. [Press Release] January 2020: Expensify Launches First Ever Corporate Card Rewards Program That Makes a Difference: Karma Points [Newsletter] January 2020: The Case for Karma Points: The Only Card Reward that Makes a Difference. What if we weren’t trying to fragment millions of pennies between people who are lucky enough to have a credit card, but instead combine them into a central place where they can be collectively spent accomplishing something meaningful? Expensify is the world’s leading expense management software, enabling employees and accountants to easily track receipts and expense reports in realtime. Don’t have the Expensify Card yet? MCC is Groceries or Meals -- when paying for your meal, your offsetting donation goes towards the Hunger fund which pays off a child’s school lunch debt to ensure they always receive a meal and are never food shamed. (Not yet, at least…) We’re launching something much, much bigger. Trending. 3 months free on Teams product. 50% off Select starter package, 10% off Premium package. In short, we’re donating 10% of all revenue Offers enhancements like automated reimbursements and GPS mileage capture. But like all corporate cards, our initial “perks” were focused at business owners -- free AWS credits, discounted Stripe fees, and so on. That’s when Barrett decided to, by his own admission, make the idea a little more “boring.” Instead of prepaid debit cards for homeless people, he pivoted to making prepaid debit cards for employees. If “points” were instead called “pennies” then nobody would care about them -- even though they aren’t even worth pennies. How does it work?” I was caught off guard by this totally obvious question, because I actually had no idea about this industry and no real intention of building any of it. Expensify Card’s Karma Points program costs you nothing, and is completely automatic. labelMulti Level Coding There are countless thousands of engineers who are devoted to perfecting social networks, seemingly designed for little purpose but to reinforce our confirmation biases by scouring the global detritus of amateur tabloids. The Expensify Card’s Karma Points program costs you nothing, and is completely automatic. That’s the idea behind the Expensify Card’s reward program, the spirit of which is best captured by this simple name: Karma Points. Use your Expensify Card to redeem exclusive perks and discounts from our industry-leading partners. To be clear, the Expensify Card is already pretty rad for employees: thanks to our integrated eReceipt feature, you almost never need to scan receipts for Expensify Card purchases. Expensify, a company that manages business expenses, launched a corporate credit card this month with a feature called Karma Points, which supports five charitable causes aimed at fighting climate change, homelessness and hunger, helping formerly incarcerated people reenter society, and helping youth transition out of foster care. Exclusive Perks for Cardholders. And people loved it. We’re making this possible through our new direct-reimbursement charitable arm, Expensify.org. But what if I made a system that loaded the gift cards on demand for exactly the amount of the purchase, in the few milliseconds while the server is authorizing the transaction? Smart improvements to the workflow keep Expensify intuitive. It’s not quite as splashy as 2 Chainz and Adam Scott in our Super Bowl ad last year. Turn off the echo chamber online. How is that exciting to anybody? The Expensify Card, which is available in the Collect and Control plans, carries no fees, nor does it charge interest, and it has no minimum commitment required. Expensify Corporate Card Adds Karma Points Karma Points is an initiative of expense management platform Expensify, which uses Sutton Bank to issue the Expensify Card, a Visa corporate card product. Regardless of how you join, once a member you’ll be a part of creating something new and special, and will be the first in line for future events and initiatives that even this overly long newsletter doesn’t have room to discuss. 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