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What is a Corporate Purchasing Card (PCard)?

April 26, 2017card corporate PCard purchasing

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What is a Corporate Purchasing Card (PCard)?

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The Purchasing Card, also known as a PCard, is a MasterCard credit card used to purchase low dollar business-related expenses within a department, replacing Purchase Orders, petty cash, and purchases made with a personal credit card requiring an expense report and reimbursement check.