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Mastercard, Network International To Introduce Commercial Cards In Middle East, Africa

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In addition, the release says that annual commercial spend in the Middle East and Africa tops $4 trillion, mostly done via payment cards. The commercial card has grown in popularity, too, with online card payments having received the biggest share of new B2B volumes since the pandemic began.

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Plastiq Talks Commercial Cards, ePayment Trends

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Adoption of commercial cards in B2B payments has emerged as one of the hottest industry topics of the year thanks to new FinTech innovations and industry leaders like Visa and Mastercard making a push further into the market. These are optimistic observations for an industry where commercial cards have struggled to get off the ground.

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Amazon Chooses Amex For Small Business Credit Card

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American Express (Amex) and Amazon have teamed up to release a new commercial card product designed for small businesses (SMBs) buying on the Amazon platform. Announced today (Tuesday, June 26), the co-branded card for SMBs in the U.S.

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Visa Supports Rollout Of Aussie AP Service Yak Pay

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Visa has teamed up with business expense management firm Payment Logic to support the use of commercial cards in accounts payable for Australian businesses. 7) said Visa and Payment Logic are launching Yak Pay, a new company that connects small businesses with a supplier payment solution.

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Amid Amex Controversy, Corporate Card Competition Heats Up

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The biggest news from the commercial card world this week came from American Express, which is facing allegations that it mistreated small business customers to hike card approval numbers. Only 5 percent said a card’s ability to finance their purchases over time is the most valuable proposition of a card.

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Looking Beyond The Card To Drive Commercial Adoption

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The payments digitization push has ramped up for corporates in recent months, with growing corporate card adoption attributed to the pandemic, recent Mastercard data reveals. Yet it's not only the need to embrace electronic payments that is encouraging government agencies, small businesses and larger enterprises to embrace the payment tool.

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Amazon Launches Amex SMB Card, New Prime Features For Businesses

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Amazon Business is bolstering its services for small businesses through a new co-branded commercial card with American Express as well as enhanced Prime features for business users. In a separate press release issued by Amazon, the company revealed the new benefits apply for Amazon Business users in the U.S.,