Access Bank Plc has partnered with Visa Inc. to roll out a corporate credit card aimed at helping medium and large Nigerian companies better manage working capital and digitise day-to-day expenses, as lenders and payment firms push deeper into corporate finance services.
The new Access Bank Visa Corporate Credit Card offers businesses an interest-free period of up to 45 days, giving chief financial officers and treasurers short-term liquidity to settle supplier obligations while preserving cash flow. The bank said the product is designed to help firms optimise their days payable outstanding, a key metric for working-capital efficiency.
The launch comes as Nigerian companies grapple with tight liquidity conditions, elevated borrowing costs, and increased scrutiny around corporate governance, following years of macroeconomic volatility and currency pressures.