What's the difference between central billing and individual billing for business credit cards?
Central billing and individual billing are two different ways of billing a business for their credit card use. Business cards are typically issued to owners and employees.
Central billing
Individual billing
A business makes one monthly payment for all cardholders.
The charges and credits from these cards roll over to a central account.
A monthly statement is sent showing the combined activity that took place since the previous billing period.
A business needs to pay separate bills for each cardholder.
The charges and credits are not combined with transactions from other cards.
A monthly statement is sent for each card account showing the individual’s activity since the previous billing period.
