More Up-to-date Credit Cards for Enterprises
2005-07-20 Back
Today "Hansabankas" introduced the new international "VISA Business Gold" and "VISA Business" credit cards intended for business clients. Up to now, there has been no analogue for these payment cards aimed at business clients and organisations - previously gold cards of banks were offered only to private customers.
In addition to safe microchip technologies characteristic of the new business cards, they are provided with other supplementary services: insurance of travelling abroad (while travelling in foreign countries, a business card holder and his family members obtain medical expenses and accident insurance from the insurance company "Lietuvos draudimas", non-interest bearing credit, free security programme, as many as 3 specialised business statements, etc. Settlements using these cards are possible in Lithuania, as well as in the rest of the world and via the Internet.
Using special technologies, a person who orders "Hansabankas" business cards for himself or for his employees is also able to choose the individual functionality and operation limits of the card according to the need: for example, the enterprise manager may establish that the card will be used only for settlements or for cash withdrawal from ATMs (or he may choose that his employee will be able to perform both of these operations), the manager can also select a monthly or daily limit of the maximum amount which the employee holding a business card can spend.
In addition, a credit may be granted to the business card account with no interest charged on the enterprise for the use of such credit and on the last day of the month the credit limit used will be covered automatically by debiting the required amount from the bank account of the enterprise.
"The situation in enterprises is different; therefore, we wanted to create cards to satisfy different needs of enterprises. Where necessary, we are ready to arrive at any enterprise or organisation and to develop together a plan of business costs management which will be the best to satisfy the needs of the enterprise," - said Vitalij Rancev, "Hansabankas" Payment Cards Department Director.
All credit business card holders benefit from the special free security programme of "Hansabankas" - in the event of loss of the card by the enterprise employee or in case of its unauthorised use by third parties without knowledge of the cardholder, "Hansabankas" will indemnify losses incurred by the enterprise during 24 hours before recording the message about blocking the card.
"When developing these cards we were actively cooperating with representatives of business clients asking them what and how should be done to achieve the best possible result. Even the price was fixed on the basis of results of their enquiry. Therefore, we can say that business cards offered by us are almost perfect as an instrument for managing daily business costs", said Vitalij Rancev, "Hansabankas" Payment Cards Department Director.
In the beginning of July, "Hansabankas", being a member to the largest group of financial services in the Baltic States, had issued 931,4 thousands of active payment cards. Modern and particularly safe microchip technology-based cards presently account for about 68 per cent of all payment cards issued by "Hansabankas". Nearly half of more than 4,2 thousand of electronic card readers of "Hansabankas" operate on the basis of microchip technology. The number of payment cards issued by "Hansabankas" to its business clients stands at about 10 thousand.
According to the data of "Visa Europe", by the end of 2004, European banks had issued 6,4 million "Visa" business cards. During 2004, the number of issued payment cards increased by 27 per cent.
"Hansabankas" belongs to the largest group of financial services in the Baltic States whose strategic investor is the Swedish "Swedbank". In Lithuania "Hansabank" Group includes "Hansa lizingas", "Hansa gyvybės draudimas", "Hansa investicijų valdymas", "Baltijos autolizingas" and "Hansa valda".
