 |
|
|
 |
 |
| |
The HDFC Bank Purchase Card is a credit card
solution given to corporates by HDFC Bank to facilitate quick payments for
business expenses for corporates and their employees. It helps the corporate
manage business expenses and makes purchase transactions smoother by eliminating
the hassles of cash and cheque payments. It can be used only for official
business expense purposes and records all purchase transactions made by employees.
The HDFC Bank Corporate Purchasing Solution helps reduce purchasing costs
considerably as follows:
|
 |
Eliminates the delay and
cost of traditional purchase transactions. |
|
Enables effective control to track and
manage spending. |
|
Automates purchase process
for easy account management. |
|
|
 |
Key Features |
|
|
|
|
Authority is granted by
the bank to designated employees of corporates for official purchases
through the card. |
|
Customizable product - The Purchase card can be restricted at
- The Merchant Category Code (MCC) level
- The HDFC Bank's EDC terminal / Payment Gateway level
|
|
The Purchase card can be issued in the name of an Individual / Corporate. |
|
|
|
Business Benefits
|
|
|
|
|
Reduces transaction processing
time, cost of high volume and low value transactions for the Corporate. |
|
Streamlines the payment process and
enables account management control. |
|
Reduces the cost of goods
by consolidating the supplier base and negotiating more favorable pricing
from preferred suppliers. |
|
Minimizes risks associated with fraud,
forgery and theft through a secure, totally mechanized card programme.
|
|
Provides online expense management solutions
- minimizing paperwork and simplifying reconciliation |
|
For further details: Please write to us at corporateassist@hdfcbank.com
|
| |
|
