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Commercial cards are a type of bank card used by businesses to make payments for goods and services. They are typically issued to employees and are used to pay for business expenses such as travel, entertainment, and office supplies. Commercial cards are typically linked to a business’s bank account and offer a range of features such as rewards, cash back, and discounts. They also provide businesses with greater control over spending and can help to reduce costs.
Commercial cards are becoming increasingly popular among businesses as they offer a convenient and secure way to make payments. They also provide businesses with greater visibility into spending and can help to improve cash flow.
Some of the companies in the commercial card market include American Express, Mastercard, Visa, JPMorgan Chase, Bank of America, and Wells Fargo. Show Less Read more
