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PURCHASING CARDS
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companies today authorize and control corporate purchases by placing
purchasing cards in the hands of their employees. Merchants who accept
purchasing cards are able to provide a value-added service to their
business-to-business (B2B) customers, increase customer loyalty and
achieve preferred supplier status.
Purchasing cards are an effective B2B solution that helps corporations
reduce the administrative costs associated with authorizing, tracking,
paying and reconciling small purchases, while maintaining control
over their company's purchasing process.
Merchants who accept purchasing cards have the advantage of attracting
thousands of American businesses that process more than $300 billion
of business-to-business purchasing transactions. Acceptance of purchasing
cards allows merchants to capitalize on the growing B2B opportunity
by encouraging corporate customer loyalty. First Data Independent Sales
offers merchants purchasing cards, Levels I through III.
First Data Independent Sales offers three purchasing card payment solutions
that enable suppliers to accept all major purchasing cards from their
buyers. Merchant suppliers also benefit from First Data Independent Sales's
24/7 customer support.
Purchasing card,
Level I
Level I provides businesses with limited information.
No additional information, other than what data is captured in a transaction
is necessary. Therefore, no prompts or special point-of-sale equipment
or software is required.
- Date Cardholder name, accountnumber Default
accounting (if applicable) Supplier name, location Supplier ZIP
code
- Total dollar amount of purchase
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