credit cards

Why Do Businesses Use Credit Cards?

Businesses use credit cards for several reasons:
Convenience: Credit cards allow for quick and easy transactions, which is especially important for online and international purchases.
Cash Flow Management: Credit cards provide a means to manage cash flow by offering a grace period before payment is due.
Expense Tracking: Detailed statements from credit card companies help in tracking and categorizing business expenses.
Rewards and Benefits: Many credit cards offer rewards such as cashback, travel points, and other benefits that can be advantageous for businesses.

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