Payments

HSBC Purchasing Card

A complete solution to simplify corporate procurement

The HSBC Purchasing Card allows your authorised employees and suppliers to manage day to day expenses, whether it is for stationery, computer supplies, training courses or other procurement needs. Together with the HSBC online reporting platform MiVision, it can help standardise and streamline the procurement process, provide cost savings and increase financial visibility.

HSBC Purchasing Card

Key benefits

Stay firmly in control of day-to-day expenses and smooth your procurement process

Convenient purchase of goods and services
Purchaser and merchant management to enhance working capital control
Streamlined procure-to-pay process
Ability to negotiate better terms with suppliers and reduce payment costs
Real time management of cards
Powerful online management and reporting

Take a closer look

Convenient purchase of goods and services

Authorise and manage vendor payments from one-off purchases with unmanaged suppliers, to regular spend with key strategic providers
Authorise employee expenses - whether that’s stationery, computer supplies or training courses
Use the card in-store, online or over the phone for domestic and overseas purchases

Purchaser and merchant management

Purchaser management: set individual credit limits, breakdown expenses by department, country and transaction type, set daily transaction limits etc.
Merchant control: limit usage to specific supplier categories, block certain supplier types etc.

Streamlined procure-to-pay process

Streamlined procurement and accounts payable processes, reducing manual effort
Reduce the need to carry cash

Access to complimentary insurances

Access to international travel insurance, overseas transit accident insurance, and unauthorised transaction insurance

Ability to negotiate better terms with suppliers

Leverage up to 55 interest-free days to help you leverage your cash flow for better working capital
Faster payments to suppliers provides leverage to negotiate better purchase terms
Real-time reporting insights to compare costs and control expenses
Streamlined payment processing and reporting can help achieve time and cost efficiencies by reducing manual accounts payable processes.

Powerful online management and reporting

Easily manage cardholders and their spending in real time with HSBC's powerful online management platforms MiVision and Mastercard's Smart Data, giving you the control and insight to better monitor costs and maximize efficiency. Learn more

Ready to get started?

Find out more about HSBC Commercial Cards Programme

Corporate Card

Simple management of the everyday

Find out more

Central Travel Account

Centralised travel payments and reporting

Find out more

Virtual Card

The versatile plastic-free corporate payment solution

Find out more

Online Management Platform

Control and visibility with powerful online management and reporting platform

Find out more

Disclaimer:

Complimentary Insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 trading as Allianz Global Assistance (AGA) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708, has issued a group policy to HSBC Bank Australia Limited ABN 48 006 434 162 AFSL and Australian Credit Licence 232595 (HSBC), which allows eligible HSBC account holders and cardholders to claim under the group policy as third party beneficiaries by operation of s48 of the Insurance Contracts Act 1984 (Cth). Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the Information Booklet available at HSBC Corporate Cards Complimentary Insurances which may be amended from time to time. Consider its appropriateness to these factors before acting on it You can contact AGA on 1800 648 093. An excess may apply. HSBC does not issue these insurances and does not receive commissions on these policies or guarantee any benefits under this cover.

HSBC Purchasing Card