HSBC will offer Extend solutions to its commercial card clients in the U.S. to help companies manage spending with the flexibility and control of virtual cards. Using their HSBC business cards, joint customers will be able to simplify essential processes – like closing the books at the end of the month – and instantly empower anyone, anywhere to make business payments.
“Virtual card capabilities represent a world of opportunity for our commercial card clients,” said Faisal Jafri, HSBC Head of Commercial Cards, Americas. “They want digital solutions for daily challenges, including vendor payments and expense reconciliation. Partnering with Extend allows us to deliver important innovations to our clients, and we look forward to rolling out these capabilities to our clients.”