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If your employer gives you a company credit card, you’ll want to make sure you understand your company’s use policy to avoid exceeding limits or making unauthorized purchases.
Business credit cards can simplify bookkeeping and offer higher spending limits, specialized rewards and employee card options.
Amex had a 4.61% worldwide market share by payment volume in 2022, compared to 38.73% for Visa and 24% for Mastercard. While American Express credit cards are accepted at 99% of US merchants that accept credit cards ( Costco being the notable exception), they are much less accepted in Europe and Asia.
Business credit cards are offered by American Express, Discover, and almost all major issuers of Visa and MasterCard cards. Some local banks and credit unions also offer business credit cards.
Visa Inc. ( / ˈviːzə, ˈviːsə /; stylized as VISA) is an American multinational payment card services corporation headquartered in San Francisco, California. [1] [4] It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. [5]
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