Permission Required: All users can access this feature.
Regional Availability: Australia, India, Indonesia, Singapore, United States
Overview
Updating a physical card limit refers to the process of changing the maximum spending amount allowed on a physical credit or debit card. This adjustment can be necessary for various reasons, such as increasing the limit to accommodate higher spending needs, or decreasing it to better manage expenses and control spending. By updating the card limit, cardholders ensure that their spending capacity aligns with their current financial requirements or budgeting goals. This process typically involves accessing a card management system or contacting the card issuer to modify the limit, and may require verification to confirm the change. The updated limit then takes effect, reflecting the new maximum amount that can be charged to the card.
How to update limit on a physical card
Access the My Volopay platform
Navigate to the "Cards" section and select "Physical Card.
Choose the specific card for which you want to adjust the limit
Click on "Edit Limit.
Adjust the limit by specifying the new amount and setting the desired frequency.
Enter a reason for the limit change.
Click on "Request" to submit your update.
Note: You can also temporarily set a limit on the physical card just for the month if you have selected “apply limit change only for the current month” toggle on.