Commercial debit and credit cards: What are they and how do they work?
Commercial debit and credit cards offer benefits such as expense tracking, insurance coverage, and fraud protection for corporate use. As they become the primary payment method for many business owners, Keep reading to Discover the advantages of commercial cards for businesses of all sizes types available for different use cases. Commercial cards are indispensable tools for helping businesses of all sizes accurately manage company purchases and operating expenses. The debit and credit cards are specially designed for corporate use, offering the business and cardholder various features and benefits. For example, you may get access to rewards programs, expense tracking, insurance coverage, and fraud protection through these cards. According to a TD Bank business payment trends report more businesses are paying with commercial cards. The truth is, commercial card adoption has partly been driven by the need to move away from cash and check payments. Today, many organizations rely on c...