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Corporate Cards
A corporate card allows businesses to exercise better control over their travel, entertainment and other business related expenses.Most large business owners find it difficult to keep track of their employee’s business expenses when they use personal Visa or Mastercard credit cards to access a line of credit. The only way to avoid confusion at a later date is to use a corporate debit card, which is issued only to corporations, government entities and non-profit organizations. A corporate debit card eases the procurement of goods and services by simplifying the payment procedure. Corporations can provide these corporate debit cards to its employees to keep track of their business expenses. Additionally, the corporate card allows a company to keep track of all business related spending.

Cards that are issued to employees are also called corporate charge cards. Corporate debit cards are issued by large financial institutions or banks. A corporate debit card is rarely advertised in traditional media, since it is available as a custom made option, rather than a pre-packaged product. The benefit of a corporate debit card is that it distinguishes between business and personal accounts, corporate and personal billing, receive detailed statements every month, transfer cash balance from one account to another, multiple payment methods, worldwide debit acceptance, control expenditure of business related expenses, fraud protection and simplify accounting tasks.

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