Collecting payments
Making payments
Card options
Managing payments
Payment initiatives
Purchasing Card
Simplify purchasing and keep expenses under control
Our Purchasing Card can help replace your traditional paper based invoice, payment and reconciliation processes with a simple card transaction. It can also help you streamline your procurement process, manage cash flow and strengthen supplier relationships.
At VAT-registered suppliers, you won't need an invoice or purchase order. And for these transactions, our reports are approved for reclaiming VAT.
It's easy to set up a Purchasing Card programme. Our dedicated team will help you and train your cardholders.
Transaction Data Matching
Managing your payments is made easy with our Transaction Data Matching service.
This automatically matches your business's electronic orders with the related electronic supplier invoices. It then sends a tailored file to your accounting system. Thousands of payment orders can be processed in seconds, with all the matched invoices being charged centrally.
Purchasing Card benefits
- Speed up your VAT reclaim – use our card at any of the UK's VAT-enabled outlets and your business may be able to get rid of invoices
- Global reach – our card is accepted at millions of outlets worldwide
- Live payment information – online reporting using Cards OnLine lets you track business expenses in real time and gives insight into spending patterns
- Firmer control – shape company-wide expenditure by choosing how your cardholders use their cards
- Reduce foreign exchange costs – avoid high foreign exchange costs by choosing to pay in either Sterling or Euro
- Added security – there's chip and PIN protection for face-to-face purchases, RBS Secure when buying online and corporate liability waiver insurance to help protect against cardholder misuse (terms and conditions apply)
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