2014 Research Note Released by Mercator Advisory Group
Wednesday, August 27, 2014
Posted by: Terri Brustad
State of the Commercial Card Market, 2014
“Commercial Card issuers are transforming themselves from issuers of plastic to providers of virtual account numbers, mobile applications, chip technology and comprehensive reporting systems. This is the state of the Commercial Card market today." This quote is from an excerpt of the State of the Commercial Card Market, 2014 research note by Mercator Advisory Group.
Discussions within this report include new market opportunities affecting global growth as well as creating a "true" mid-market through credit unions and smaller banking institutions. The potential entry of these agencies offering large-market Commercial Cards will continue to drive up card volumes.