Citigroup Inc. (NYSE:C) ranked as the number one issuer of Corporate Cards in the United States

by James Karedelli | Tuesday, Aug 27, 2013 | 1509 views

Northern, WI 08/27/2013 (usastockreport) – The Nilson Report had recently ranked Citigroup Inc. (NYSE:C) to be the number one issuer of Corporate Cards in the United States. This ranking was accorded to the company based on the transaction volume for the year 2012 and this place the company to be well ahead of its competitors in the sector. The Commercial Card issued by Citi is loaded with issuance capabilities in more than 100 countries and it possesses an extensive proprietary local currency network related to around 67 countries. It is worth noting that the company is considered to be highly specialized in the issuance of such pre eminent commercial cards to both individuals and organizations with heavy market share in the United States and across the globe.

Further, Citigroup Inc. (NYSE:C) had always stayed at the forefront in providing wide range of solutions related to Purchasing Card, Corporate T&E and ePayables  Program which are all designed to offer higher level of control, optimization and visibility to the clients. It had been reported that the company possesses international network, broad reach in markets and advanced payment systems, which all prove to enable Citi to raise the bar in the issuance capacities of such Commercial Card Programs.

Citigroup Inc. (NYSE:C) had been continually striving to present exceptional services and extensive solutions to the clients to meet out their needs. The Commercial Cards products of the company prove to form the core of clients’ expense management strategies for many public sector entities and multinational corporations. Such high level of competitive advantage possessed by the company had enabled it to become the premier card issuer in the US and global markets in terms of volume, innovation and technology and had further enabled it to once again become the largest issuer of Corporate Cards in the United States.

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