Glossary
Commercial Card
A commercial card is a broad category of payment cards that are specifically issued to businesses, rather than individuals, to manage company expenses. These cards are designed to help organizations control spending, streamline purchasing processes, and enhance the tracking and reporting of business expenses. Commercial cards can be issued to employees for various purposes, including:
Commercial cards offer several benefits:
Overall, commercial cards are a strategic tool for businesses looking to optimize their financial operations and manage employee expenditures more effectively. They not only facilitate easier monitoring and control over corporate spending but also offer financial incentives that can contribute to overall business savings.