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Corporate Credit Cards
Commercial Cards:
Credit or charge cards issued to businesses to cover expenses such as
travel and entertainment and procurement. Includes the multiple
payment card brands of purchasing cards, business cards, corporate
cards and multi-utility fleet cards. Visa and MasterCard now have
special procedures for passing billing information back to the card
issuing bank so that it can be displayed on card holder statements;
this is a program for promoting the use of credit cards for business
purchases by providing purchase tracking to business users. New
regulations require that this billing information be passed back with
the transactions, otherwise a higher pass through fee will be
incurred.
Back to Credit Card
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