Purchasing Cards
More 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-2-business (B2B) customers, increase customer loyalty and achieve preferred supplier status.
Cardservice' purchasing cards are an effective Business 2 Business 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. Cardservice International offers 3 different levels of purchasing cards - Levels I through III.
Cardservice International offers 3 purchasing card payment solutions to enable suppliers to accept all major purchasing cards from their buyers. Merchant suppliers also benefit from Cardservice International'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.
Purchasing Card, Level II
Level II provides corporations with more control over the purchasing process by capturing and transmitting additional information.
Purchasing Card, Level III
Level III requires processing software that enables merchants to provide line-item details to the customers (e.g., discount amounts, freight, duty, codes, descriptions, and other identifiers) in concise transaction activity reports. LinkPoint Purchasing PC Level III is a software application that allows suppliers to provide line-item detail to corporate customers, operates in the Windows environment, and enables suppliers to navigate through the order-entry and payment process. Detailed data reports provide a concise review.
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