The Corporate MasterCard is designed to conveniently meet your business spending needs at international ATMs, POS terminals or online only.
It can be issued in the name of company personnel or department and is simply funded by an online transfer to your card account.
Corporate cards can be used in your organization for the following activities:
Business travel: Dollar travel allowance allocated to staff or hotel reservations and purchase of airline tickets.
Employee benefits: Periodic benefits due to employees, such as quarterly payments, bonuses, profit sharing, etc.
Training and Conferences: Expenses incurred while attending international events.
Foreign Payments and Other Payments: Including recurring subscriptions, fuel purchases, etc.
Security - Using chip and PIN technology to protect against unauthorized transactions.
Personalization - MasterCard for Business cards can be personalized with a unique identifier to meet the needs of the organization.
The validity period is 3 years
Accessibility - Provides 24-hour access to funds via all international channels (ATM, EFTPOS and WEB).
Eliminates the risks and inconvenience of handling cash.
MasterCard cards are reloadable based on applicable limits determined by the organization when previously loaded funds are depleted.
Monitor card transactions, make payments and transfer funds online 24/7 via GTBank's automated payment system (GAPs).
Expense Control Tool: The MasterCard is an effective tool for controlling administrative expenses related to the day-to-day running costs of organizations.
Account Reconciliation: Access to statements online and via email in a variety of formats.
Fraud Detection Tool: An advanced technology application that monitors all of the organization's card transactions based on implemented rules to report suspicious or fraudulent transactions resulting from lost, stolen or compromised cards. It allows a card to be blocked or restricted as soon as a suspicious card transaction is reported by the application.
Letter of request signed by 2 directors or authorized signatories (indicating the name of the card (21 characters maximum) and the location of the card withdrawal)
Completed Mastercard for Business application form