Citi Launches Corporate Credit Cards In Taiwan

Citi announces its formal launch of Citibank Commercial Cards in Taiwan. The product is marketed as a genuine corporate credit card and will be issued to corporate clients in Taiwan. Citibank Commercial Cards are the first genuine globally accepted corporate

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Citi announces its formal launch of Citibank Commercial Cards in Taiwan. The product is marketed as a genuine corporate credit card and will be issued to corporate clients in Taiwan.

Citibank Commercial Cards are the first genuine globally accepted corporate cards issued by both VISA and MasterCard in Taiwan. With the cards powerful global expense data management function, the cards will offer world-class business payment services to Taiwanese companies to help strengthen their financial operations and enhance their international competitiveness.

Citibank Commercial Cards are different from other individual business credit cards available on the market and have been issued to more than 3,000 companies in 45 nations and is accepted worldwide.

In addition, the cards global business payment and data integration functions provided by Citibanks end-to-end platform makes expense management more transparent, while eliminating inefficient paperwork.

Taiwan is the latest regional market where Citi has launched this product. In response to growing demand for cross-border financial services in Asia, Citi has previously introduced Commercial Cards in Australia, Hong Kong, Japan, Korea, Singapore, and Malaysia.

Since Citibank Commercial Cards were launched in 1990, the cards have won wide recognition in Europe and North America. As Taiwan, powered by the cards strong economy, have always played a crucial role in the Asia-Pacific region; we decided to introduce Commercial Cards into the Taiwan market in 2008. This will allow Taiwanese businesses, in step with their Asian or even global competitors, to enjoy the benefits and convenience brought by this mature business payment tool and sharpen their competitive edge worldwide” said Stephen Yeung, regional business head for Commercial Cards at Citis Global Transaction Services.

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