Get the purchasing solutions that your company needs
In the past, many companies had limited their use of purchasing cards to low-dollar transactions. That's because higher-dollar transactions are typically subject to vendor contract provisions and require more oversight. So, higher-value transactions had usually been processed through accounts payable, requiring purchase orders and invoices, and were often paid by check.
Now, virtual accounts, or ePayables—non-plastic purchasing accounts that can be used for higher-value purchases—are among the fastest-growing commercial card solutions.
In addition to more traditional coporate purchasing cards and ePayables, Mastercard® offers an array of purchasing solutions that can help your mid-size or large business control employee spending, disburse payments and more efficiently monitor expenses.