Upto 45 days interest free credit period, Merchant level Restrictions possible, Better Control on expenses,Capability to generate virtual cards

• Streamline the purchase process:Convenient paperless process leading to better manpower productivity
• Process Efficiency-All direct expenses of the company can be centrally accounted on the HDFC Bank Purchase Credit Card
• Reduces transaction processing time and overall cost of high volume & low value transactions
• No need for multiple payment systems , invoices & cheques
• Better Control on expenses-Restrictions can be placed on cards as per transaction and vendor/ merchant category for better control
• Better control on expenses basis spends data reports on expense patterns
• Additional Savings
• Upto 45 Days of credit period on the Purchase Card
• Better Negotiation
• Advance payments & Consolidated spend reports helps in better negotiation with suppliers