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Commercial card payments reach 10% of global card payments
Fuelled by dynamic integrated technology innovation, seamless regulatory compliance and enhanced value added services, businesses can generate operational advantages, achieve process improvements, and lower costs through the new generation of... read more
The post Commercial card payments reach 10% of global card payments appeared first on Payments Cards & Mobile.
Commercial card spending predicted to see strong recovery post-COVID-19
European commercial card spending rose by 11% in 2019 to €366 billion and accounted for 8% of the total value of card payments. Charge cards, where transactions must be paid... more
The post Commercial card spending predicted to see strong recovery post-COVID-19 appeared first on Payments Cards & Mobile.
Unlocking a $5 billion commercial card prize for issuers
At a typical 1% level of rebates (akin to cash back for consumer and business cards) on commercial card spend for corporate travel and purchasing, including virtual card spend, we project US commercial card issuers’ rebate payments to their clients to reach $5 billion annually in the next year. For prospect stakeholders looking to show [...]
The post Unlocking a $5 billion commercial card prize for issuers appeared first on Payments Cards & Mobile.
