Virtual P-Card Growth Outpacing Plastic

January 30, 2014

While purchasing card use increased across the board in 2011, growth in the virtual payment card arena significantly outpaced its plastic big brother. Total spending on virtual cards grew 67 percent between 2009 and 2011, compared to 11 percent growth in the overall p-card sector. According to RPMG Research Corporation's 2012 Purchasing Card Benchmark Survey...

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