How Business Credit Cards Work
A credit card is an instrument that allows its holder or user to acquire goods on credit or pay for services on credit, in establishments affiliated with the corresponding system, in addition to other types of benefits that may be granted. Credit refers to the fact that the card has a line of credit approved by the financial entity or company that issued the card, which can be a bank or another type of institution and it is that line that one uses when using the card.
Making a Purchase
To make a purchase with a business credit card, the card must be presented at the store where the identity of the owner of the card must be verified, through a driver’s license. There you must sign the sales ticket or enter your password in the POS. In both cases, the sales receipt establishes the total value of the purchase.