Credit cards are a fact of life in the business world today.
They can streamline purchases and minimize the need for cash or cash advances. They are widely accepted and recognized in situations where company or personal checks may not be. They can reduce transaction time and reduce the volume of payments, paperwork and transaction costs.
Because credit cards are almost as liquid as cash, they are subject to risk. Theft or abuse by an unauthorized outside party is typically the first concern, but credit card abuse and fraud by those within an organization can also be a source of threat.