# Business credit card

- Canonical URL: https://www.gerhardmerk.de/business-credit-card
- Post ID: 589183
- Modified: 2023-07-25T20:58:43+00:00
- Language: en

## Definition

Payment transactions - such as travel expenses - in a company are processed between an employee and the company via a cash card. In this case - either the company extends the existing contract with a card-issuing company for a main card by issuing additional cards for certain employees or - an individual credit card contract is concluded between the card-issuing company and the individual employee. - Legally, in both cases, there is joint and several liability of the employee and the employer for the transactions made with the company credit card. Because of many related legal issues - such as misuse of the card by third parties, participation rights of the works council when introducing a company credit card, data protection requirements, tax and social security-related disputes: company credit cards have now become a special field of labor law in their own right - company credit cards have only been issued sparingly in recent years. Employees are now more likely to be issued with a fuel card (fuel card : a card used as a payment card for gasoline, diesel, and other fuels at gas stations) or a prepaid card for rail travel. - See payout, chip card, community card, money, electronic, money card, fringe Benefits, ATM lock, card alliance, credit card, network money business, PayGreen initiative, plastic money. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1