A new report suggests the U.S. commercial credit card market continues to demonstrate positive growth despite recent corporate economic challenges and increased levels of investment in corporate payable solutions.
While led by increases in purchasing card (P-card) volumes, the recent positive economic signs have also led to higher spend on travel and entertainment (T&E) cards as well.
Mercator Advisory Group’s newest report, State of the Commercial Card Market, 2015, looks at the current market for commercial credit products and the near-term and long-term challenges and opportunities faced by networks, issuers, and corporates.
Mercator says the underlying elements of the U.S. commercial card market remains strong as a key component of corporate payable strategies.
Companies mentioned in this report include American Express, Bank of America Merrill Lynch, Citibank, JP Morgan Chase, MasterCard, U.S. Bank, and Visa.
For data, background and forecasts on U.S. Commercial Cards: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).