We have used REAP for 3-4 years for multiple startups ranging between 2 to 100 people. Depending on the scale there is great value you can get, which traditional credit card or finance services can't always offer.
- Create credit cards for employees, server payments, subscriptions, uber, snacks or anything with few clicks
- Output back all data to xero in few clicks and then automatic
- Make repayment by regular bank transfer or alternative method, or autopay in some cases.
- Issue invoices to customers with payment link to collect payment. Which is normal, but you can send link and customer puts amount they want. For example for startup that provides service but is uncertain about price to charge the customer.
- Pay vendors in one of major currencies and settle back by common crypto like Binance, BTC, ETH, USDT etc.
- Well, we also used to pay rent or salary or extend a cashflow
There should be also many more ways to use REAP, curious to see other company experiences
