This is why business credit cards are safe for international payments
Hotel payments, flight tickets and taxi rides. Employees spend a significant amount of money during business trips. Business expenses abroad create many challenges, such as employees using different payment methods. Exchange rates also make it difficult to create a clear overview of the company's spending.
Business credit cards offer solutions to these problems. They are an ideal way of making safe and easy payments while travelling. Your company remains in control and will be protected from financial risks. This article explains why that is.
Business credit cards protect against employee fraud
An employee accidentally using their business credit card for personal expenses? No problem. Many credit card companies, such as ICS, offer unauthorised use insurance. It makes sure that your company is protected if an employee misuses their Card. Always check your credit card company's terms and conditions so that you know exactly what type of coverage you have.
Paying in various currencies with a business credit card
A business credit card helps your employees make payments quickly and easily all over the world, without the hassle of exchange rates. Whether booking a flight or paying for a business dinner, you can benefit from effortless payments with most business credit cards around the world. This is also the case with ICS' credit cards.
Easy expense management
Another thing that makes business credit cards so advantageous is how easy it is to manage expenses. Employees do not need to pay in advance and all expenses are immediately added to the business account. This way, the financial team keeps an overview of costs from anywhere in the world.
Your company can also use declaration software. Here is how it works: employees pay with their business credit card, take a photo of the receipt and upload it in the app. The declaration software will automatically register these costs and link them to the correct expense. This saves time, avoids mistakes from manual work and gives the financial department a complete picture of all payments.
Insurances and extra protection for business payments abroad
Business credit cards provide not only easy payments and straightforward expense management, but also extra protection. At ICS, you benefit from:
- Insurance against misuse by employees
- Luggage and flight delay insurance
- Continuous travel insurance
Thanks to these extra protections, your company is well insured against unexpected circumstances at home and abroad.
Practical benefits of business credit cards while travelling
With a business credit card, employees do not have to use their personal card or make upfront payments. This is especially convenient in cases such as hotel stays, taxi rides or dinners with clients.
If your company uses declaration software, all payments will be collected in one place and the expenses will be automatically processed. This reduces mistakes and saves time for the financial team. This is why business credit cards, together with declaration software, are a reliable and practical solution for companies that often operate internationally.
How ICS helps large businesses with safe payments across the world
Do your employees often make business payments while travelling? The ICS business credit cards are the solution. Your company will benefit from wide-ranging insurances, such as protection from employee misuse and luggage and flight delay insurances.
ICS also offers effortless payments around the world, making it perfect for companies that do business internationally. Your employees do not have to pay for business expenses upfront anymore, while you stay in control of the costs.
Want to know more about the benefits of business credit cards? Our experts would be happy to tell you more in a one-on-one conversation.
Table of Content
Business credit cards protect against employee fraud Paying in various currencies with a business credit card Easy expense management Insurances and extra protection for business payments abroad Practical benefits of business credit cards while travelling How ICS helps large businesses with safe payments across the world-
Expense management
Link your ICS business Visa or Mastercard credit cards to our expense management solutions. This makes the payment process easier and allows for more efficient processing of business expenses.
Learn more about expense management
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