What project is the BNP Paribas Group currently working on in terms of corporate cards?
Already the market leader in corporate cards in France, BNP Paribas became a European player at the end of 2009 with the creation of a platform for issuing corporate cards in various European countries. It is already operational in France and Italy. We will be launching in Spain in November, followed by Germany, the UK and the Netherlands in the first half of 2011, and Poland and Switzerland at a later date.
What are the benefits of this programme for companies, particularly major accounts?
Whatever the country, these companies will have a range of three cards with a common service base and value-added options (SMS, choice of pin code, MCC blocking, etc.), the same pricing, consolidated and local reporting, equivalent insurance cover and multilingual after-sales service. Customer support will be provided in coordination with our central specialists and our teams in each country. These are just some of the advantages that will enable companies to harmonise their employee travel policies.
There's a lot of talk about the virtual card in 2010, so what's the latest?
At the end of 2010, our Visa virtual card will complete our range of commercial cards. Designed for online B-to-B purchases, it will be used to book and pay for hotels, car hire and Mice services. As a non-replayable card, it makes transactions secure by limiting fraud and misuse. Like our other cards, it offers flexible payment terms and the largest acceptance network in the world.
