Transform Commercial Card Management

Commercial card management is undergoing urgent transformation in 2026 because global spending on these cards has crossed the $4 trillion mark, and businesses can no longer afford outdated manual processes in an era of digitization and heightened cost pressures.

The shift from paper checks—now just 26% of B2B payments, down from 33% in 2022—reflects broader demands for efficiency, security, and real-time visibility. Remote work and supplier expectations have accelerated adoption of virtual cards and automated controls, turning commercial cards into strategic spend-management tools rather than mere credit extensions.

A key trigger is Visa's Commercial Enhanced Data Program (CEDP), enforced from October 2025 and set to fully supplant legacy Level 2 programs by April 2026. Merchants must provide invoice-quality data to access lower interchange rates; failure triggers higher fees, including a 75 basis point increase on some small business card rates effective January 2026. This forces issuers, acquirers, and corporates to overhaul data flows, reconciliation, and compliance.

Regulatory developments add momentum: the 2025 U.S. GENIUS Act clarified stablecoin rules, enabling safer integration of digital assets with fiat commercial payments. Combined with AI advancements for fraud detection and predictive analytics, these changes make legacy systems unsustainable.

The stakes are high for enterprises and SMBs alike. Poor management erodes cash flow through delayed reconciliations and unchecked spending, heightens fraud exposure amid rising cyber risks, and increases administrative burdens. Firms that modernize gain tighter controls, better forecasting, lower costs, and stronger supplier ties in a market projected to grow to $47.7 billion in 2026 at a 7.5% CAGR through 2033.