Barclaycard Business Profile

In 1966 a separate business unit was established by Barclays Bank plc and entered the payments market by signing up 30,000 retailers for the launch of Barclaycard. The service enabled business customers to accept and process credit, debit and charge card transactions.

In 1969, another business unit was established, to develop and provide card-based financial services to corporate clients, allowing simple, cost-effective management of general business expenditure and releasing staff from expenses paperwork.

These two business units have now merged to become Barclaycard Business, VISA's largest European commercial card issuer, providing processing services for over a third of UK retailers in 2003.

Barclaycard Business Latest News Articles

Business Travel Reduced - Technology Survey Reveals

Research by Barclaycard has revealed that technology has reduced the need to travel for nearly half (46%) of business travellers, according to the Barclaycard Business Travel Survey. The biggest impact has been seen by those in senior positions, with 56% of CEOs and 52% of FDs using tools such as video conferencing to reduce their need to travel.

Found in Infrastructure Technology News