Capturing Business Expenses With Personal Credit Cards Is Alluring, But Card Industry Must Find Creative Ways to Do So, Says Auriemma Consulting Group

NEW YORK, NY, May 21, 2012: Credit card companies are always interested in ways of increasing card usage. One potential way to do that is by encouraging the use of personal cards to make business-related purchases. Encouraging consumers to make business purchases with their cards is a win-win for banks; not only are spending volumes higher, but the risk in such purchases going unpaid is relatively low since cardholders are typically reimbursed by their employers for such expenses. Opportunity Remains Largely Untapped Yet the opportunity remains largely untapped. According to the