The April 2023 report shows that commercial cards remain critical payment tools for U.S. and Canadian corporations, with 68% using at least one type, making them among the most widely adopted after check and ACH. Corporate cards account for about 15% of monthly spend and are preferred for ease of use and reconciliation. While access is often restricted, expansion is planned across categories, and spending is projected to grow, especially for fuel/fleet cards. Most programs are issued by primary banks, though issuer choice also considers factors beyond existing relationships.

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