Posts Tagged ‘small business credit card processing’

Many credit card companies have created card varieties that will perfectly match the requirements of different businesses, from small-scale businesses to corporations and enterprises. Some of those offered are secured business credit cards and others are classified under as unsecured.

In support of small businesses, major credit card companies have created several versions of credit cards. Listed below are those offered by Visa, MasterCard, American Express and Discover. It is highly recommended to check on the details of the business credit cards from their official website or in person through their bank partners. This will help you understand their necessary requirements and steps for small business credit card processing.

Discover Business Credit Card

The Discover business credit card offers rewards program that entices business owners to avail of. This include cash back bonus and different types of rewards. Other benefits are:

• Free employee cards with customizable spending limits and monthly reports
• Categorized online quarterly and annual statements
• The most complete set of free travel benefits offered by any no-annual fee card
• Live phone support within 60 seconds, guaranteed
• Easy online account servicing—review charges, pay bills, redeem rewards, and download statements into QuickBooks®

MasterCard Business Solutions for Small Business

MasterCard classifies small business as those companies that generate revenues under $10 million annually. Under this category, there are cards that are designed for a specific purpose. You need to read through their features to find the right credit card that meets your business needs.

Other MasterCard Business Credit Cards include:

• MasterCard BusinessCard® Card – Superior cash management, with extensive business and travel services.
• Debit MasterCard BusinessCard® Card – A step beyond checks.
• World MasterCard® for Business – Delivers premium rewards and high-performance spending power designed for high-speed businesses.
• MasterCard® Small Business Multi Card – Consolidate all your business expenses onto a single payment platform.
• MasterCard Prepaid Card Solutions – A suite of targeted solutions designed to help better manage a variety of employee payment programs.
• MasterCard BusinessCard® for Construction – Manage your business more profitably with a card built for the people who build for a living.

There is an ongoing promotion sponsored by MasterCard called “Fall Small Business Promotion”.

Every time you use your MasterCard® small business card from September 1 through October 31, 2009, you’ll be automatically entered for a chance to win.

To receive double entries, register your eligible card in the MasterCard® Easy Savings™ Program. There is no fee to register. And if you’re already an Easy Savings participant, you will receive double entires with each purchase. For details about the Program and to register, visit easysavings.com.

Visa Business Credit Card

Visa offers a variety of card that you can use to support your business, and these are listed below. Each has its own features, which you can read through visiting their official website.

• Visa Business Credit Card
• Visa Signature Business Card
• Visa Business Debit Card
• Visa Business Line of Credit
• Visa Gift Card-Bulk
• Visa Incentive Card

Some banks that offer Visa Business Credit Cards are as follows:

• Amegy Bank
• Bank of America
• Barclaycard US, Barclays, Barclays Bank Delaware, Juniper
• BB&T Bank
• Capital One
• Chase
• Citibank (South Dakota) , N.A.
• Comerica Bank
• Fifth Third Bank
• First Equity Card Corporation
• First National Bank of Omaha
• M&I Bank
• National City
• Pelican State Credit Union
• Regions Bank
• SunTrust
• TD Bank
• Tri Counties Bank
• U.S. Bank
• UMB Financial
• Wachovia Business Banking Center
• Wells Fargo Bank

American Express Business

The small business credit card program offered by American Express is called the American Express OPEN. It provides the resources that can help you run your business, including financing, savings, online management, and support from experts and other small business owners.

Amex Business Credit Cards include:

• Gold Delta SkyMiles Business Credit Card – allows you to earn up to 25,000 bonus miles, and2 miles for every eligible dollar spent on qualifying Delta and Northwest flights
• Starwood Preferred Guest Business Credit Card – lets you earn 10,000 Starpoints® with your first purchase
• The Plum Card – Get trade terms on virtually everything you purchase