The credit and capital markets resources needed to launch and scale a commercial charge or fleet card program make building a charge card program difficult.

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While modern infrastructure platforms have compressed time-to-market on card issuing, the program manager still needs to handle credit and capital markets. This includes authorization and approval, capital sourcing, ledger management, collections, and regulatory compliance. That is a full financial services operation.

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The five costs platforms underestimate when building a card program: time to value , underwriting, financing and capital markets, regulatory management, and payment operations.