Visa Business is targeted at the small to medium businesses (SME) for the payment of both travel and entertainment and regular business spending.
Visa Business is a commercial product offering the SME full merchant acceptability, with the ability to carry a balance from month to month. For the issuer it provides the benefit of a higher rate of interchange applicable on all Visa commercial product purchases, compared to consumer cards.
Visa Business Card gives the SME the flexibility to choose between a Charge Card, or Credit Card, depending on what works best for their business.
Cardholder features
An Indue Business card solution provides a range of benefits to business customers including:
- Ability to emboss their company name along with cardholder name
- Greater financial control - ability to seperate business and personal expenses, and to track expenses by category
- Online convenience - fast and easy purchases, as well as access to detailed reports on spending and account balances
- Purchasing flexibility - business customers can use their card for day to day expenses and greatly reduce reliance on cash and cheques
- Worldwide acceptance
- Services and protection - access to Visa´s travel and medical assistance as well as fast access to cash or card replacements
- The ability to set an individual cardholder limit as well as a company limit - business customers have the ability to limit each employees spending underneath an overall company limit.
Advantages
An Indue Visa Credit card program allows you to tailor the product features and customer experience. The benefits are as follows:
- The ability to leverage your brand to one of the world´s leading payment brands
- Access to Indue´s expertise on industry development and mandates, and the analysis of the impacts these have to you as a Visa issuer
- Ability to move your customers spending from cheques to cards
- Higher interchange
- Increased average spend per Visa Business card
- The ability to link your credit card program to Indue´s companion product, Rewarder loyalty program
- The ability for you to use your own branding and participate in joint promotional campaigns aimed at increasing sales and card usage.
Services provided by Indue Ltd
- Settlement and processing
- Card and PIN production management
- Stock production, management and distribution
- Chargeback and dispute management
- Lost and stolen cards
- Information management
- Industry representation