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.

Expensify Adds Unlimited Virtual Cards to Spend Management Platform
Expensify Adds Unlimited Virtual Cards to Spend Management Platform
May 13, 2024  |  B2B Payments

Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across...

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PhotonPay and Discover Partner on Commercial Card for Cross-Border Businesses
PhotonPay and Discover Partner on Commercial Card for Cross-Border Businesses
May 10, 2024  |  B2B Payments

Hong Kong-based global payment platform PhotonPay and Discover Global Network have partnered to launch a new commercial card designed for cross-border businesses. With this collaboration,...

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This Week in B2B: Lending Innovations, AI and Digital Payments 
This Week in B2B: Lending Innovations, AI and Digital Payments 
April 19, 2024  |  B2B Payments

The B2B landscape is on the cusp of the next era in payments innovation.  As PYMNTS readers already know, this new and exciting era is...

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Mastercard Brings Commercial Cards to Digital Wallets
Mastercard Brings Commercial Cards to Digital Wallets
April 18, 2024  |  Mastercard

Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile...

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Lloyds Bank Appoints Linda Weston as Head of Commercial Cards
Lloyds Bank Appoints Linda Weston as Head of Commercial Cards
April 15, 2024  |  Personnel

Lloyds Bank Business & Commercial Banking has appointed Linda Weston to the newly created position of head of commercial cards, effective in June. Weston will...

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Shared Payments Models Rewrite Economics of Commercial Cards
Shared Payments Models Rewrite Economics of Commercial Cards
March 26, 2024  |  B2B Payments

When it comes to business-to-business (B2B) payments, it’s easy to get blindsided by the staggering $100 trillion-plus annual transaction volume and miss the real action....

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Commercial Cards in Action: Businesses Gain Working Capital Flexibility
Commercial Cards in Action: Businesses Gain Working Capital Flexibility
March 11, 2024  |  Spend Management

Against today’s shifting macroeconomic backdrop, companies are prioritizing their agility and ability to react to unforeseen events. Increasingly, firms are backing that ability up with...

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ConnexPay CEO: Digital Payments Adoption Defines B2B Winners and Losers in 2024
ConnexPay CEO: Digital Payments Adoption Defines B2B Winners and Losers in 2024
March 05, 2024  |  B2B Payments

Teamwork makes the dream work — particularly within B2B payments. That’s because, among other benefits, partnerships and collaboration are essential for fostering innovation, customer satisfaction,...

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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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