Commercial card adoption is on the rise as more organizations not only want to digitize their payments but take advantage of growing value-added opportunities that other payment methods like ACH don’t offer.
From access to rewards programs to early payment discounts, commercial cards heighten their attractiveness to business users through integrated features and functionality. But as businesses’ demand for a robust card offering intensifies, the financial institutions (FIs) offering these card products face mounting pressure to roll out solutions that are more complex than ever before.