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.
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Central billing
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Individual billing
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- 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.
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- 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.
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