What is a Commercial Credit Card?

What is a Commercial Credit Card?

Commercial credit card ; individual expenditure and business-related expenditure and re-sale purchases to ensure the separation from each other comfortably. It is a banking service that offers a combination of reporting, plus installment - points and many more advantages.

Commercial credit cards  enable you to establish an effective control over your cash flow. They are a tool that increases productivity in money management and at the same time reduces costs and provides competitive advantage in trade and other business life.

By using a commercial credit card , you can make all your expenses of your company quickly, easily and safely with no check-bill hardship, maturity and bank stress.

The Company ensures that all of its expenditures are made under control, within the limits, authorities and limits set for the employees, as well as the suppliers and service providers. Thus, the control of the money is entirely in the hands of the manager. You can also print out the names of the card holders, company names, and spend on the cards wherever the credit card is used. It is also an effective tool in reducing all financial costs of the company, because your expenses from the POS commission to the credit score and limit are recorded in every banking-related area and your intense relationship with your bank is taken into account.

Initially used by businesses in all spending on trade or production purchases. In general, the options offered by banks for the purchase of goods and services for commercial credit cards with high limits compared to individual cards are varied. After the purchase of a certain fee and / or the difference in terms of payment of the debt; In Bank , ATM , Telephone or Internet Branch , installment by the bank or postponement of payment is possible.

Conditions, committees and rates are determined by the agreements to be made by the banks with POS customers.  Theinstallment and displacement procedures to be carried out by POS at the point of sale directly by the enterprise is another convenience. It is more advantageous for commercial card users to make installments in enterprises instead of banks .

In some products, sectors and enterprises, there is no installment and maturity for the use of commercial cards . However, companies can evaluate campaigns related to different fields of activity in favor of commercial card users. Businesses arerequired to develop the capacity to grow and invest in the challenging competitive conditions of today's business world, and to improve the use of credit facilities; businesses that create ease of spending and payment are one step ahead. Each option should be evaluated in order to be able to sell more products and buy products under better conditions.

Stay tuned if you want to learn the most advantageous ways of using commercial credit cards and POS devices.