Change fees or cards could be obsolete, providers told_3
18 July 2012
Purchasing card providers will need to revise their fee structures as companies increasingly integrate payments into e-procurement systems, according to major card users.
The warning comes as a survey by card provider Barclaycard of its biggest clients found that nearly a quarter saw no long-term future for cards in either a plastic or “virtual” form.
Just over a third of the 70 respondents at its recent e-procurement forum, attended by public and private-sector organisations, thought both would still have a place in 10 years’...