Why do many large companies use a Mastercard PCard and a seperate American Express card for T & E expenses?
Dec 08
Credit Card American Travel, Mastercard, Procurement Card, Seperate, Travel Entertainment 1 Comment
I would like to know the reasoning behind large companies choosing to use a Mastercard (PCard, aka Procurement Card) for all general purchases and an American Express card for all travel and entertainment relation expenses. It doesn’t seem like the most cost effective option. Why not just use one corporate card for all transactions. Many companies use either method. Just curious as to why go with one over the other.
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