‘Majority of programmes’ use corporate cards
New research shows 67 per cent of global organisations use corporate cards when it comes to expenses, with travel managers reporting an increase in the use of virtual cards and single-use accounts to manage spend for infrequent travellers.A global study conducted by ACTEAssociation of Corporate Travel Executives: A non-profit association that represents the global business travel industry. It provides executive-level educational programmes and carries out independent… in association with Mastercard and the NAPCP – a professional association serving the commercial card and payments industry – also found 60 per cent of survey respondents are ‘very’ or ‘extremely’ satisfied with their chosen corporate card and 63 per cent said it is their preferred payment method.However, on a regional level, lodge cards are the most commonly used payment method in Europe at 84 per cent, followed by corporate cards at 68 per cent.The report, Evolving Payments in Corporate Travel, shows…
This is only a snippet of a Business Travel Article written by Molly Dyson
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