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Corporate credit cards are cards where the business entity, rather than the business owner, is legally responsible for any charges made with the card.
Business credit cards are specialized credit cards issued in the name of a registered business, and typically they can only be used for business purposes. Their use has grown in recent decades. In 1998, for instance, 37% of small businesses reported using a business credit card; by 2009, this number had grown to 64%.
The most noteworthy differences between corporate and small business credit cards include the size of the business they’re intended for, the rewards they offer and the personal liability ...
What’s the difference between a business credit card and a corporate credit card? Most of the differences between small business and corporate credit cards stem from one key distinction: liability.
Business cards are cards bearing business information about a company or individual. [1] [2] They are shared during formal introductions as a convenience and a memory aid. A business card typically includes the giver's name, company or business affiliation (usually with a logo ) and contact information such as street addresses , telephone ...
A credit card is used to make a purchase by borrowing money. [20] From the bank's point of view, when a debit card is used to pay a merchant, the payment causes a decrease in the amount of money the bank owes to the cardholder.
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