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.

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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Rise of the API and Pismo Buy Help Visa Craft Banking Network Effect 
Rise of the API and Pismo Buy Help Visa Craft Banking Network Effect 
June 29, 2023  |  Banking

For the payment networks, the reach and scale is there to create new digital platforms for financial institutions — natural extensions of the relationships that...

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