Collecting payments

Making payments

Card options

Managing payments

Payment initiatives

Changes to UK payments

Purchasing Card

A card solution for managing purchasing costs

Our Purchasing Cards are designed to streamline your procurement process, manage your cash flow and strengthen your company's supplier relationships. You will be able to speed up your payment times to suppliers and reduce your paperwork.

At VAT-registered suppliers, you won't need an invoice or purchase order and for some transactions our reports are approved for reclaiming VAT.

Implementation is simple, as our dedicated team will issue the cards and train your cardholders. And managing your payments will be made even easier through a unique additional service Transaction Data Matching.

Transaction Data Matching

Transaction Data Matching automatically matches your business's electronic orders with the corresponding electronic supplier invoices, then sends a tailored file to your accounting system. So, in effect, thousands of order payments can be processed in seconds, with all the successful matched invoices being charged centrally. (Terms and conditions apply.)

Purchasing Card benefits

Speed up your VAT reclaim - use our card at any of the UK's 11,000 VAT-enabled outlets and your business may be able to dispense with invoices
Worldwide reach - our card is accepted at 30 million outlets worldwide
Up-to-date payment information - online reporting through CardsOnLine means you will be able to see recent transactions and keep track of business expenditure
Greater business knowledge - the management reports generated by Cards OnLine will provide insights into spending patterns
Control expenditure - with the power to limit and direct individuals' spending, you will be able to shape company-wide expenditure
Minimise foreign exchange costs - help to keep your foreign exchange costs down by being billed in sterling or euros
Added security - as well as chip and PIN protection, your business will benefit from our security system, RBS Secure, for online purchasing, plus Corporate Liability Waiver Insurance to protect against cardholder misuse