AP Now Episode 94: Consumer-Type Purchases on Company Credit Cards: Headaches & Issues [Amazon, PayPal, eBay etc.]

Consumer-Type Purchases on Company Credit Cards (Amazon, eBay, PayPal etc.) present a number of headaches and issues for the accounts payable, accounting or procurement personnel responsible for monitoring such purchases. Consumer-Type Purchases on Company Credit Cards should also be addressed clearly and concisely in the company’s card policy. #Companycreditcards often do not take a cold hard look at Consumer-Type Purchases on Company Credit Cards resulting in big problems for the organization. 

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Many problems could be avoided in the company card programs if issues related to Amazon (regular or business), eBay, PayPal, food, gifts, and other consumer-type purchases were clearly addressed in the policy. Should company credit cards be used to purchase items on Amazon using Amazon Prime or Amazon business or should they be prohibited outright?

Host: Mary Schaeffer (https://www.ap-now.com/)

Guest: Lynn Larson (https://www.recharged-education.com/)

Credit: Music: https://www.purple-planet.com