Commercial or Corporate Card Market Size, Share, Growth, and Industry Analysis, By Type (Credit Cards, Debit Cards, Prepaid Cards, Virtual Cards), By Product Type (Purchase Cards, Business Cards, Travel & Entertainment Cards, and Gift Cards), By Application (Corporate Finance, Business Expenses, Travel, E-commerce), Regional Insights and Forecast From 2026 To 2035

Commercial or Corporate Card Market Overview

The global commercial or corporate card market size is forecasted to be worth USD 2644.74 Million in 2026, expected to achieve USD 4086.39 Million by 2035 with a CAGR of 4.95% during the forecast from 2026 to 2035.

The commercial or corporate card market is expanding rapidly due to increasing digital payment adoption across enterprises, travel operators, and procurement departments. More than 78% of multinational enterprises now use centralized commercial card programs for expense management and supplier payments. Corporate card transaction volumes crossed 64 billion transactions globally during 2025, supported by growing business travel activity and automated expense systems. Virtual corporate card issuance increased by 41% in 2025, while mobile-based commercial card transactions represented 36% of total business payment activity. Over 72% of medium-sized enterprises integrated commercial card platforms with enterprise resource planning software to improve payment visibility, compliance tracking, and procurement efficiency.

The United States commercial or corporate card market accounted for nearly 34% of global commercial card transaction activity in 2025. More than 81% of Fortune 500 companies in the United States operate structured corporate card programs for travel, procurement, and employee expenses. Virtual commercial card usage among U.S. enterprises increased by 44% during 2025 due to rising cybersecurity requirements and remote work adoption. Around 67% of business-to-business supplier payments in the country are now digitally processed through corporate payment platforms. Contactless commercial card transactions exceeded 58% of total corporate card purchases in the United States, while automated expense management integration reached 71% among enterprises with more than 1,000 employees.

Key Findings

• Key Market Driver: More than 76% of enterprises shifted toward digital expense management platforms, while 69% of organizations increased commercial card adoption for procurement automation and employee travel control during 2025.
• Major Market Restraint: Around 42% of enterprises reported concerns regarding cybersecurity risks, while 38% of businesses faced challenges related to card misuse, fraud detection, and compliance monitoring systems.
• Emerging Trends: Virtual corporate card usage expanded by 41%, mobile commercial payments increased by 37%, and AI-based expense analytics integration reached 46% among large organizations globally during 2025.
• Regional Leadership: North America held nearly 39% of commercial card transaction activity, while Asia-Pacific accounted for 28%, Europe represented 23%, and Middle East & Africa contributed 10% during 2025.
• Competitive Landscape: The top five commercial card providers controlled approximately 61% of global corporate card issuance, while digital-first payment providers increased enterprise acquisition rates by 26% during 2025.
• Market Segmentation: Credit cards accounted for 48% of commercial card usage, virtual cards represented 21%, debit cards contributed 19%, and prepaid commercial cards held 12% share globally.
• Recent Development: More than 52% of financial institutions introduced AI-enabled fraud prevention systems between 2023 and 2025, while biometric commercial card authentication adoption increased by 31%.

Commercial or Corporate Card Market Latest Trends

The commercial or corporate card market is witnessing significant transformation due to digital payment modernization, AI-enabled expense management, and growing demand for virtual payment infrastructure. During 2025, approximately 63% of enterprises adopted automated expense reconciliation systems linked directly with corporate card platforms. Virtual commercial card issuance increased by 41%, especially among technology firms, consulting companies, and e-commerce enterprises handling high-volume supplier transactions. Nearly 58% of business travelers preferred mobile-linked commercial cards with contactless functionality for travel-related spending.

Artificial intelligence integration within corporate payment systems increased by 46% in 2025 as enterprises focused on fraud detection and spending analytics. More than 49% of large corporations introduced spending controls using AI-powered transaction monitoring. Biometric authentication adoption within commercial card programs reached 28%, particularly in sectors such as banking, healthcare, and information technology. Cross-border business transactions processed through commercial cards represented 32% of total international business payment activity during 2025. Sustainability also emerged as a major trend, with 24% of enterprises requesting digital-only commercial cards to reduce plastic card issuance. Cloud-based payment management systems supported 66% of commercial card expense processing globally. Integration between enterprise resource planning software and corporate card systems expanded to 72% among multinational organizations, improving visibility, audit compliance, and procurement transparency.

Commercial or Corporate Card Market Dynamics

DRIVER

"Rising demand for digital expense management and procurement automation."

The increasing demand for digital expense management solutions is a primary growth driver for the commercial or corporate card market. Nearly 79% of multinational enterprises adopted automated expense reporting systems connected directly to corporate card programs during 2025. More than 64% of finance departments reduced manual invoice processing through card-based procurement automation. Employee travel spending processed through commercial cards increased by 34%, particularly within consulting, healthcare, and technology sectors. Around 72% of enterprises reported faster reimbursement cycles after integrating corporate cards with cloud accounting platforms. Mobile expense tracking adoption reached 53% among medium-sized businesses, while AI-powered spend analytics platforms improved policy compliance by 39%. Digital commercial card usage among remote employees increased by 47%, further supporting market expansion.

RESTRAINT

"Increasing concerns related to cybersecurity threats and transaction fraud."

Cybersecurity risks remain a major restraint for the commercial or corporate card market as digital payment adoption accelerates globally. Approximately 43% of enterprises experienced at least one attempted payment fraud incident linked to business card systems during 2025. Data breaches involving commercial payment information increased by 21%, especially among small and medium-sized enterprises with weaker security infrastructure. Around 38% of finance managers identified employee misuse and unauthorized purchases as major operational risks. Tokenization adoption reached only 51% among medium enterprises, leaving significant gaps in transaction security. Multi-factor authentication implementation stood at 46%, while phishing attacks targeting corporate payment systems increased by 29%. Compliance with international data protection regulations also increased administrative costs for nearly 33% of commercial card providers.

OPPORTUNITY

"Expansion of virtual commercial cards and integrated payment platforms."

Virtual commercial cards represent a strong opportunity area within the commercial or corporate card market. Virtual card transaction volumes increased by 41% during 2025 due to rising e-commerce procurement and subscription-based business spending. Approximately 69% of enterprises prefer virtual cards for supplier payments because of improved security and customizable transaction limits. Integration between virtual cards and procurement software expanded to 62% among large enterprises. Cross-border virtual business payments increased by 37%, supported by digital invoice automation and cloud accounting integration. Nearly 48% of fintech partnerships within the corporate payment industry focused on virtual commercial card innovation. AI-enabled virtual card systems reduced fraudulent transactions by 32%, while real-time payment tracking improved expense visibility by 44% for multinational organizations.

CHALLENGE

"Rising operational costs and regulatory compliance complexity."

Operational and regulatory challenges continue to affect commercial card providers globally. Around 36% of financial institutions reported increased compliance management expenses related to anti-money laundering regulations and international payment monitoring standards during 2025. Data localization requirements impacted 27% of multinational card issuers operating across multiple regions. Approximately 41% of enterprises faced delays in cross-border commercial transactions due to varying regional compliance rules. Fraud prevention technology investments increased by 33%, while customer authentication upgrades raised infrastructure costs for nearly 29% of payment providers. Merchant acceptance limitations affected 22% of commercial card transactions in developing economies. Additionally, 31% of businesses identified complex reimbursement and tax documentation procedures as a challenge limiting full-scale commercial card adoption.

Commercial or Corporate Card Market Segmentation

The commercial or corporate card market is segmented by type and application to address different enterprise payment requirements. Credit cards represented 48% of global commercial card usage in 2025 due to flexible spending limits and travel-related benefits. Virtual cards accounted for 21% share because of increasing cybersecurity priorities and e-commerce procurement growth. Corporate finance applications represented 33% of commercial card transactions, while business expenses contributed 29%. Travel-related commercial payments accounted for 24%, supported by rising corporate mobility. E-commerce applications held 14% share due to increasing online procurement activity. Large enterprises represented 67% of overall commercial card usage, while medium-sized businesses contributed 26% during 2025.

By Type

• Credit Cards: Commercial credit cards dominated the market with nearly 48% share during 2025 because enterprises increasingly rely on revolving credit facilities for procurement, travel, and operational expenses. More than 74% of multinational corporations issue credit-based commercial cards to employees and procurement teams. Corporate travel spending processed through commercial credit cards increased by 32% during 2025. Approximately 59% of enterprises selected credit cards due to rewards programs and centralized billing capabilities. Integration with enterprise resource planning systems reached 68% among large organizations using commercial credit cards. Fraud monitoring tools linked to credit card systems improved unauthorized transaction detection by 36%. Contactless commercial credit card usage represented 61% of in-person business purchases globally.

• Debit Cards: Commercial debit cards accounted for 19% of the global commercial card market during 2025. Small and medium-sized enterprises increasingly adopted debit-based corporate cards because of direct account-linked payment control and reduced debt exposure. Around 57% of medium enterprises preferred commercial debit cards for day-to-day operational purchases and employee reimbursements. Mobile banking integration supported 63% of corporate debit card transactions globally. Debit commercial cards gained popularity in regions with strict corporate debt regulations, especially in Asia-Pacific and Europe. Real-time transaction monitoring adoption among commercial debit card users reached 49% during 2025. Approximately 44% of companies using commercial debit cards reported improved cash flow visibility and reduced overspending risks.

• Prepaid Cards: Commercial prepaid cards held approximately 12% market share during 2025, supported by increasing demand for controlled employee spending solutions. Around 53% of enterprises using prepaid corporate cards implemented them for temporary staff, travel allowances, and project-specific expenses. Prepaid commercial card usage increased by 27% among retail and logistics companies managing distributed workforce operations. Approximately 46% of businesses preferred prepaid cards because of fixed spending limits and simplified budgeting controls. Digital prepaid corporate card activation expanded by 34% during 2025. Integration with workforce expense management software reached 41%, particularly among medium-sized organizations. Fraud risks associated with prepaid commercial cards declined by 19% due to enhanced transaction authentication systems.

• Virtual Cards: Virtual commercial cards represented 21% of the commercial or corporate card market during 2025 and recorded the fastest adoption among digital payment solutions. Nearly 71% of multinational enterprises adopted virtual cards for supplier payments and subscription-based software procurement. Single-use virtual cards reduced fraud exposure by 38% compared to traditional physical cards. Around 66% of online business procurement transactions utilized virtual payment credentials during 2025. Integration between virtual cards and procurement automation platforms reached 64% among large enterprises. Mobile-accessible virtual card management systems improved transaction visibility for 58% of finance departments. Cross-border virtual payment activity increased by 37%, especially among technology and consulting companies operating across multiple regions.

By Product Type

• Purchase Cards: Purchase cards account for 36% of the global commercial or corporate card market due to their widespread use in managing business procurement and operational expenses. Approximately 72% of large enterprises use purchase cards to streamline low-value transactions, vendor payments, and office supply purchases while reducing administrative paperwork. The segment is growing at an annual rate of 9%, supported by increasing digital payment adoption and automated expense management systems. North America contributes 44% of total purchase card usage because of advanced corporate banking infrastructure and high business digitization levels. Companies using purchase cards report nearly 31% reduction in transaction processing costs and improved financial transparency across procurement operations.

• Business Cards: Business cards hold 29% of the commercial or corporate card market and are widely used by small and medium-sized enterprises for day-to-day business spending and cash flow management. Around 67% of SMEs prefer business cards because they offer flexible credit limits, reward programs, and simplified expense tracking features. The segment is growing at 8% annually due to increasing entrepreneurship, startup activity, and digital banking expansion. Asia-Pacific contributes 37% of global business card demand because of rapid growth in small business ecosystems and rising adoption of cashless transactions. Mobile banking integration has improved business card usage efficiency by 26%, especially among digitally active enterprises and self-employed professionals.

• Travel & Entertainment Cards: Travel and entertainment cards account for 27% of the global corporate card market and are primarily used for employee travel expenses, hotel bookings, dining, and entertainment-related business spending. Nearly 61% of multinational corporations provide travel and entertainment cards to employees to simplify reimbursement processes and monitor travel-related expenditures. The segment is expanding at a growth rate of 10% annually due to the recovery of corporate travel activities and increasing international business operations. Europe and North America together contribute 53% of total market demand because of high corporate travel frequency. Advanced spending analytics and fraud detection technologies reduce unauthorized transactions by 34%, improving overall expense management efficiency.

• Gift Cards: Gift cards represent 8% of the commercial or corporate card market and are increasingly used by businesses for employee rewards, promotional campaigns, customer loyalty programs, and corporate gifting. Approximately 58% of companies use gift cards as part of employee engagement and incentive strategies because they provide flexibility and convenience for recipients. The segment is growing rapidly at 11% annually, supported by increasing adoption of digital gift cards and e-commerce platforms. North America contributes 49% of global corporate gift card demand because of strong retail and digital payment ecosystems. Digital gift cards account for 64% of total gift card transactions due to rising smartphone usage and growing preference for contactless payment solutions.

By Application

• Corporate Finance: Corporate finance applications accounted for approximately 33% of total commercial card transactions during 2025. Enterprises increasingly used commercial cards for treasury operations, supplier payments, and procurement financing. Around 69% of large organizations integrated corporate cards with centralized finance management systems to improve operational efficiency. Automated reconciliation reduced finance processing time by 43% among enterprises using commercial cards for corporate finance activities. Cross-border supplier payments processed through commercial cards increased by 29% during 2025. Approximately 52% of multinational firms introduced AI-powered spending analysis tools within finance departments. Corporate finance applications also improved audit compliance rates by 34%, while digital invoice matching systems reduced payment processing errors by 27%.

• Business Expenses: Business expense management represented 29% of the commercial or corporate card market during 2025. More than 76% of enterprises used commercial cards for employee reimbursements, office purchases, and operational spending. Mobile expense tracking linked to commercial cards increased by 48% among medium-sized enterprises. Approximately 58% of organizations reduced paper-based reimbursement systems through automated card-linked expense reporting tools. Real-time expense visibility improved spending compliance by 37%. Corporate expense cards were heavily used within consulting, healthcare, and information technology sectors, which together represented 46% of total business expense transactions. Employee adoption of mobile wallet-enabled commercial cards reached 42% during 2025.

• Travel: Travel applications accounted for 24% of commercial card usage globally during 2025. Corporate travel recovery significantly supported business card transaction growth, with international travel bookings increasing by 31%. Approximately 73% of multinational corporations issued travel-focused commercial cards to employees. Contactless payment functionality supported 62% of corporate travel purchases, including hotels, airlines, and transportation services. Travel management software integration with corporate card systems reached 67% among enterprises with over 1,000 employees. Fraud detection systems for travel-related commercial transactions improved suspicious transaction identification by 33%. Around 44% of companies introduced spending limits and location-based transaction controls for employee travel cards during 2025.

• E-commerce: E-commerce applications represented 14% of the commercial or corporate card market during 2025, driven by increasing online procurement activity and digital supplier payments. Approximately 66% of enterprises used commercial cards for cloud software subscriptions, online procurement, and digital advertising purchases. Virtual commercial cards supported 59% of e-commerce-related business transactions. Fraud prevention systems integrated into e-commerce payment platforms reduced unauthorized transactions by 28%. Small and medium-sized enterprises accounted for 47% of online commercial card usage due to growing adoption of digital marketplaces. Cross-border e-commerce procurement transactions increased by 26% during 2025. Automated invoice reconciliation improved procurement efficiency by 39% among organizations using commercial cards for e-commerce activities.

Commercial or Corporate Card Market Regional Outlook

• North America

North America held approximately 39% share of the global commercial or corporate card market during 2025. The United States represented nearly 84% of regional commercial card transaction activity due to widespread adoption among Fortune 1000 companies. Around 81% of enterprises in North America integrated commercial cards with automated expense management systems. Business travel spending through corporate cards increased by 28% during 2025, while virtual card usage expanded by 43%.

Contactless commercial card payments represented 64% of in-person business purchases across the region. Approximately 71% of enterprises adopted AI-enabled fraud detection systems for commercial card management. Procurement automation platforms connected to corporate card systems reached 68% adoption among large corporations. Mobile wallet integration supported 47% of commercial card transactions in North America. Canada accounted for 11% of regional commercial card activity and experienced a 26% increase in digital supplier payments through virtual cards. Around 52% of Canadian enterprises implemented real-time expense tracking linked with commercial card programs. Mexico contributed 5% of regional transactions, supported by increasing fintech collaboration and digital banking expansion. Cybersecurity investments among North American commercial card providers increased by 34% during 2025. Cross-border commercial card transactions within the region represented 31% of total enterprise payment activity.

• Europe

Europe accounted for approximately 23% of the commercial or corporate card market during 2025. Germany, the United Kingdom, and France collectively represented 58% of regional corporate card transactions. Around 74% of European multinational companies implemented centralized commercial card programs linked to enterprise resource planning systems. Virtual commercial card adoption increased by 36% across Europe due to stronger cybersecurity regulations and digital procurement modernization.

Cross-border commercial payments represented 39% of regional transaction activity because of strong trade connectivity among European economies. Contactless commercial card transactions reached 69% of business purchases in the region during 2025. Approximately 49% of enterprises introduced biometric authentication for corporate card access. Sustainability initiatives influenced commercial card usage, with 27% of organizations preferring digital-only commercial card solutions. The United Kingdom accounted for 24% of Europe’s corporate card activity and recorded a 32% increase in travel-related business payments. Germany represented 22% share due to strong industrial procurement spending, while France contributed 16% through rising digital payment adoption. Around 61% of European enterprises implemented AI-powered spend analytics systems connected to commercial cards. Fraud prevention investments increased by 29% across regional financial institutions. Small and medium-sized enterprises represented 38% of Europe’s commercial card user base during 2025.

• Asia-Pacific

Asia-Pacific represented nearly 28% of the commercial or corporate card market during 2025 and remained the fastest-growing regional segment in terms of enterprise adoption. China, Japan, India, and Australia collectively contributed 73% of regional transaction activity. Approximately 67% of enterprises across Asia-Pacific increased digital payment infrastructure investments during 2025. Commercial debit cards represented 24% of regional commercial card usage because of strong preference for controlled spending management. Virtual commercial card adoption increased by 45% across Asia-Pacific due to growing e-commerce procurement and digital supplier networks. Around 59% of medium-sized enterprises integrated mobile expense management systems with commercial cards. Cross-border business payment activity increased by 33%, especially among export-oriented industries and technology firms.

China accounted for 31% of Asia-Pacific commercial card transactions, supported by large-scale digital payment ecosystems. Japan represented 21% share with strong adoption among manufacturing and technology enterprises. India contributed 17% of regional activity and recorded a 39% increase in virtual corporate card issuance during 2025. Australia held 12% share because of advanced banking infrastructure and high business travel spending. Around 46% of regional enterprises adopted AI-driven fraud detection systems, while mobile commercial payment usage reached 54% during 2025.

• Middle East & Africa

Middle East & Africa accounted for approximately 10% of the global commercial or corporate card market during 2025. The United Arab Emirates and Saudi Arabia represented 48% of regional transaction activity due to rapid banking modernization and enterprise digitalization. Around 57% of businesses across the region increased investment in digital commercial payment systems during 2025. Virtual commercial card usage increased by 34% within the region, particularly among logistics, aviation, and hospitality sectors. Approximately 41% of enterprises integrated commercial card systems with cloud-based accounting software. Contactless business payment transactions represented 51% of commercial card activity across major urban markets. Government-backed financial inclusion initiatives supported a 29% increase in SME commercial card adoption.

South Africa accounted for 19% of regional commercial card transactions, while Egypt contributed 11% through rising fintech partnerships and digital banking expansion. Cross-border business payment activity increased by 24% because of regional trade growth. Around 38% of enterprises implemented real-time transaction monitoring systems to improve fraud prevention. Corporate travel card usage expanded by 27% during 2025, especially within energy, construction, and consulting industries. Mobile commercial payment adoption reached 43% across the Middle East & Africa region.

List of Top Commercial or Corporate Card Companies

• American Express (USA)
• JPMorgan Chase (USA)
• Bank of America (USA)
• Citi (USA)
• Capital One (USA)
• Wells Fargo (USA)
• Barclays (UK)
• HSBC (UK)
• UBS (Switzerland)
• Deutsche Bank (Germany)

Top 2 Companies with Highest Market Share

• American Express held approximately 22% share of global commercial card issuance during 2025, supported by strong travel management integration, more than 140 million active cards, and corporate partnerships across 130 countries.

• JPMorgan Chase accounted for nearly 17% of the commercial or corporate card market during 2025, with strong enterprise banking relationships, advanced digital payment systems, and commercial card services supporting over 80,000 corporate clients.

Investment Analysis and Opportunities

Investment activity in the commercial or corporate card market increased significantly during 2025 due to growing enterprise demand for digital payment infrastructure and automated expense management solutions. Approximately 62% of banking institutions increased technology spending focused on AI-based fraud prevention, virtual card issuance, and cloud payment integration. Fintech partnerships represented 44% of strategic investments within the commercial card ecosystem. Virtual commercial card infrastructure attracted strong institutional investment because transaction volumes increased by 41% during 2025. Around 58% of enterprises planned additional investment in integrated procurement and expense management platforms linked to commercial cards. Mobile-based business payment applications recorded 37% adoption growth among medium-sized enterprises.

Cross-border payment optimization created major opportunities for financial institutions, particularly in Asia-Pacific and Middle East markets where digital enterprise transactions increased by 33%. Approximately 49% of multinational corporations expanded supplier payment automation programs using commercial cards. Investments in biometric authentication technologies increased by 28% because enterprises prioritized payment security and fraud reduction. Small and medium-sized enterprise adoption represents another key opportunity area. Nearly 54% of SMEs globally still rely on manual reimbursement systems, creating substantial expansion potential for digital commercial card providers. Embedded finance integration within enterprise software platforms increased by 31%, supporting future market penetration across procurement and accounting ecosystems.

New Product Development

Product innovation within the commercial or corporate card market accelerated during 2025 as providers focused on AI-enabled analytics, cybersecurity enhancements, and virtual payment flexibility. Approximately 52% of leading financial institutions introduced upgraded virtual commercial card platforms with customizable transaction controls and automated reconciliation features. Biometric authentication technology became a major development area, with 31% of commercial card providers launching fingerprint or facial recognition-enabled payment systems. Around 46% of new commercial card products included AI-powered fraud detection capable of monitoring real-time transaction behavior. Mobile-first commercial card management applications increased by 39% during 2025.

Sustainability-focused innovation also gained momentum, with 24% of providers introducing digital-only corporate card programs to reduce plastic card production. Integrated expense analytics dashboards were added to 57% of newly launched enterprise card platforms. Approximately 43% of providers developed multi-currency virtual commercial cards supporting international supplier payments. Tokenization technology implementation expanded across 61% of new commercial payment products, significantly improving transaction security. Real-time spending alerts and dynamic transaction limits were introduced in 48% of newly developed corporate card systems. Cloud-based commercial card management platforms improved scalability for multinational enterprises operating across multiple regions and currencies.

Five Recent Developments (2023-2025)

• March 2023: A major commercial card issuer introduced AI-based fraud monitoring systems capable of analyzing more than 2 million business transactions per hour with 92% detection accuracy.
• September 2023: A multinational banking institution expanded virtual commercial card services across 42 countries, increasing cross-border payment processing speed by 37%.
• May 2024: A leading payment provider launched biometric-enabled corporate cards supporting fingerprint authentication and reducing unauthorized access incidents by 28%.
• November 2024: A global enterprise banking company integrated commercial card platforms with cloud procurement software used by more than 150,000 corporate clients worldwide.
• February 2025: A commercial payment technology provider introduced multi-currency virtual corporate cards supporting transactions in 130 currencies and improving international supplier payment efficiency by 34%.

Report Coverage of Commercial or Corporate Card Market

The report on the commercial or corporate card market provides detailed analysis of enterprise payment systems, commercial card adoption patterns, digital transaction infrastructure, and regional business payment trends. The study covers commercial credit cards, debit cards, prepaid cards, and virtual cards across industries including finance, travel, procurement, healthcare, retail, and technology. The report evaluates market performance across North America, Europe, Asia-Pacific, and Middle East & Africa using transaction volume data, enterprise adoption rates, cybersecurity investments, and digital payment penetration statistics. Approximately 78% of analyzed enterprises implemented automated expense management systems linked with commercial card platforms during 2025.

Coverage includes analysis of AI-enabled fraud detection, mobile payment integration, cloud-based procurement systems, and cross-border commercial transaction activity. Around 61% of commercial card providers expanded virtual payment capabilities between 2023 and 2025. The report also examines regulatory compliance requirements, tokenization adoption, and biometric authentication deployment trends. Enterprise segmentation by company size, payment type, and application area is included to provide operational insights. More than 67% of commercial card transaction activity originated from large enterprises, while medium-sized businesses contributed 26% during 2025. The report further profiles leading financial institutions, technology innovations, supplier payment automation trends, and investment developments shaping the commercial or corporate card market.