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A business credit card gives your company the power to buy goods or services now and pay for them later. Credit card issuers are usually banks, even though the card may bear another company name or logo. Trade names such as VISA and MasterCard are not actually card issuers. They are termed "membership associations." Banks use them for their payment processing services, policy setting and marketing assistance. However, American Express, for example, IS a company. These companies and trade unions package business-friendly features with their credit card, often for a nominal fee. Therefore, it is more important to shop around carefully when selecting a business credit card: look beyond the interest rate and payment period to understand what services are most useful for your particular situation.
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