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Key Trends in Corporate Commercial Cards: A Global View

Key Trends in Corporate Commercial Cards: A Global View

Pages 5 Pages

Global commercial card usage is expanding rapidly, with projected spend rising from $3.57 trillion in 2024 to $5.07 trillion by 2028. The U.S. leads with 60% of global spend, but emerging markets like India are growing quickly. Corporate cards remain the most widely adopted type, while virtual card numbers are seeing the fastest growth. Asia-Pacific shows strong potential, especially as personal cards are frequently used for business expenses. The biggest pain point globally is payment speed, which card issuers can address with better integration. Despite market maturity, 66% of nonusers are likely to adopt commercial cards soon.

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