Home » CorServ News » The Growing Importance of Commercial Credit Cards in a High-Interest-Rate Environment
Commercial credit cards are becoming a crucial instrument in business-to-business (B2B) payments. Their increasing popularity is due in part to the current high-interest-rate conditions. Banks can support commercial customers and deepen relationships by providing a tailored solution many commercial customers are actively looking for. Anil Goyal explains more in the following article: https://www.bai.org/banking-strategies/the-growing-importance-of-commercial-credit-cards-in-a-high-interest-rate-environment/
About CorServ – CorServ provides a turnkey credit card issuing program that enables financial institutions to deliver competitive, branded credit cards to consumer, business and commercial customers. CorServ’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution – everything our clients need to quickly build a successful card-issuing business. Our financial institution clients can increase their earnings per share by owning their customer loans and benefitting from loan interest, interchange, fee income and economies of scale from CorServ’s client base. Most importantly, our clients control their credit card customer relationships. For more information, please visit www.corservsolutions.com