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COMPARE : CREDIT CARDS
Commercial Credit Cards
HDFC Bank Purchase Card
HDFC Bank Distributor card
HDFC Bank Purchase Card
Eliminates the delay and cost of traditional purchase transactions.
Enables effective control to track and manage spending.
Automates purchase process for easy account management.
Key Features
Authority is granted by the bank to designated employees of corporates for official purchases through the card.
Customizable product - The Purchase card can be restricted at * The Merchant Category Code (MCC) level * The HDFC Bank's EDC terminal / Payment Gateway level
The Purchase card can be issued in the name of an Individual / Corporate.
Business Benefits
Reduces transaction processing time, cost of high volume and low value transactions for the Corporate.
Streamlines the payment process and enables account management control.
Reduces the cost of goods by consolidating the supplier base and negotiating more favorable pricing from preferred suppliers.
Minimizes risks associated with fraud, forgery and theft through a secure, totally mechanized card program.
Provides online expense management solutions - minimizing paperwork and simplifying reconciliation
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HDFC Bank Distributor card
Benefits to Corporate
Increases distributor's appetite for the Corporate's products.
Shorter working capital cycle and improved cash flow management.
Removal of cheque and cash payments and consequent problems for Corporates.
Easy reconciliation of transactions.
Helps quick delivery of goods or services.
Benefits to Distributor
Increases distributor's appetite for goods owing to easy payment option.
Attractive finance charges and interest free credit periods.
Flexibility of scheduling payments: part payment, pre-payment and post-payments possible.
Reduces operational hassles in processing and reconciling transactions.
Reduces time for procurement of goods.
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