Commercial Cards

Commercial card is a credit card issued by employers for their employees to use to make purchases on behalf of their company. Such as co-branded cards with retailers, commercial cards help businesses manage their expenses by collecting all charges made by employees into a single place. These are integrated with business expense portals to manage the companies payments.

US Bank Says Credit Products Win by Rewarding Small Businesses for Their Spend
US Bank Says Credit Products Win by Rewarding Small Businesses for Their Spend
February 22, 2024  |  SMBs

The right borrowing tools can have a big impact on small businesses’ future growth prospects. That’s because small and medium-sized businesses (SMBs) commonly face a...

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Bank of America: ‘Network Effect’ Will Help B2B Payments Move to Cards
Bank of America: ‘Network Effect’ Will Help B2B Payments Move to Cards
February 21, 2024  |  B2B Payments

Andrew Stewart, director of global card and comprehensive payables at Bank of America, said there has been a seismic shift in commercial (B2B) payments. He...

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Visa, Mastercard Pause BPSP Payments in India Amid Industry-Wide Investigation
Visa, Mastercard Pause BPSP Payments in India Amid Industry-Wide Investigation
February 14, 2024  |  Credit Cards

Visa and Mastercard have reportedly paused intermediated commercial card payments in India following an order by the country’s financial market regulator. The Reserve Bank of India...

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Commercial Cards Evolve as Working Capital Takes Precedence
Commercial Cards Evolve as Working Capital Takes Precedence
January 09, 2024  |  Opinion

PYMNTS asked industry executives across the payments and digital commerce landscape to give us their take on the pivotal shifts, technological advancements and strategies that...

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Rising Interest a Boost to Commercial Cards as Working Capital Source
Rising Interest a Boost to Commercial Cards as Working Capital Source
January 03, 2024  |  B2B Payments

Commercial transactions make the world go ‘round, and around the world, B2B transactions are evolving. Treasury automation, virtual card adoption, and the financial advantages of...

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Citi and Navan Introduce All-in-One Travel Solution for CCB Cardholders
Citi and Navan Introduce All-in-One Travel Solution for CCB Cardholders
October 19, 2023  |  Travel Payments

Citi and Navan have launched a new travel and expense system for Citi Commercial Bank (CCB) cardholders, the companies said Thursday (Oct. 19). This collaboration...

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Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
September 28, 2023  |  B2B Payments

Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as...

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Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
August 22, 2023  |  B2B Payments

Commercial card adoption, long sidelined by businesses because of cost concerns, is experiencing a renewed interest in business-to-business (B2B) transactions. The primary drivers of this...

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Ohio-Based Peoples Bank Implements Corserv Credit Card Program
Ohio-Based Peoples Bank Implements Corserv Credit Card Program
August 17, 2023  |  Banking

Ohio-based Peoples Bank has implemented Corserv‘s credit card program. This partnership aims to revolutionize the banking experience for Peoples Bank’s diverse customers, including commercial, small business, nonprofit, local...

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