NEW YORK, NY, May 21, 2012: Credit card companies are always interested in ways of increasing card usage. One potential way to do that is by encouraging the use of personal cards to make business-related purchases. Encouraging consumers to make business purchases with their cards is a win-win for banks; not only are spending volumes higher, but the risk in such purchases going unpaid is relatively low since cardholders are typically reimbursed by their employers for such expenses.

Opportunity Remains Largely Untapped

Yet the opportunity remains largely untapped. According to the latest research from Cardbeat®, a syndicated research report published by Auriemma Consulting Group, Inc. (ACG), just over one-in-five (21%) credit cardholders make business-related purchases as part of their job responsibilities, up slightly from the 17% who answered the same way in October 2008. But the incidence is a fraction of the total potential. What's more, cardholders today are placing less of their...