PFS

Corporate Card To Support Business Transparency on Non-Cash Payment System

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Corporate Card Overview

What is Corporate Card Solution ?

The corporate Card is an account number (physical card) allocated to an employee for the purpose of paying/meeting commitments associated with approved business travel.

Such business expenditure may include accommodation, rental car, meals, entertainment etc.

Part of card payment system of non-cash transactions

PFS

Corporate Card Overview

Who are Corporate Card Users ?

A card solution designed to the corporations (legal entity) which has relationships with the bank

Corporate cards will be used by the authorized employees and employers to pay their daily expenses of business activities.

The usage of Corporate cards is the same as individual cards at point of sales.

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Benefits of Corporate Cards

Distinguished between business and personal accounts. Substantially reduced staff claim reimbursement and petty

cash activity. Increased management productivity from reduced

“expense claim” administration Simplify accounting and auditing tasks Enhance control and transparency over business expense

activity Accelerate financial and management reporting of “travel

and expense” spend Part of International payment system for cross border

transactions as well as e-commerce

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Features – Corporate Credit Card

A card payment system with credit facility attached on it

upon passing credit requirements. The repayment terms are very similar for the individual

credit card account holder - a monthly, bi-monthly or

quarterly basis. Credit limit granted is a part of blanket credit limit to the

corporations. Support the non-cash payment transactions and

ecommerce

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Features – Corporate Debit Card

Enjoy the benefits of cards payment system without

passing credit verification. Limit purchase is up to the balance on the current account

or linked account Can be linked to the overdraft account Part of international payment system Support the non-cash payment transactions and

e-commerce

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Thank you