Access Bank has partnered with Visa to launch a Corporate Credit Card solution aimed at improving working capital management and digitising expense control for medium to large enterprises in Nigeria.
The new Access Bank Visa Corporate Credit Card offers businesses up to 45 days of interest-free credit, a feature designed to ease cash flow constraints and support efficient financial planning. The bank said the product is targeted at organisations with complex operational structures that require tighter control over spending and improved liquidity management.
According to Access Bank, the card allows Chief Financial Officers and corporate treasurers to optimise cash flow by settling supplier payments early while maintaining healthy Days Payables Outstanding. This, the bank said, gives businesses the flexibility to meet obligations without tying down capital needed for growth and investment.
Beyond access to short-term credit, the solution is designed to digitise operational expense management. The card can be used for a wide range of corporate expenses, including employee travel and entertainment, procurement, fuel and diesel purchases, and other day-to-day operational costs. By issuing cards to designated employees and departments, organisations can reduce dependence on cash and manual reimbursement systems.
“In line with our values of innovation and passion for customers, Access Bank is pleased to introduce the Access Visa Corporate Credit Card, designed to deliver both cash-flow efficiency and operational time optimisation,” said Florence Owuor, Head of Cards Business at Access Bank. “With the added advantage of Visa Spend Clarity, finance teams can seamlessly manage and monitor corporate expenses in real time, all at the click of a button.”
A central feature of the product is its integration with Visa Spend Clarity, a web-based and mobile expense management platform that provides real-time visibility into corporate spending. The platform records every transaction made using the corporate card and allows finance teams to track expenses by employee, branch, department, or cost centre.
Access Bank said this level of transparency enhances corporate governance and strengthens internal controls. By digitising expense flows and centralising transaction data, companies can significantly reduce the risk of inflated invoices, false claims, and personal expenses being charged as official business costs.
The bank added that the solution also supports improved budgeting and financial reporting, as finance teams gain access to granular, data-driven insights that can inform decision-making and long-term planning.
Visa said the partnership aligns with its broader objective of supporting businesses with secure and accountable digital payment solutions. According to the company, Nigerian enterprises are increasingly seeking tools that combine payment functionality with data and analytics to improve financial discipline.
“Visa is committed to digitising payments and providing businesses with the tools they need to thrive in a digital economy,” said Andrew Uaboi, Vice President and Cluster Head for West Africa at Visa. “The Access Bank Visa Corporate Credit Card solution brings seamless, accountable, and data-driven expense management to medium and large organisations, helping them make smarter financial decisions.”
Industry observers note that the launch reflects a growing shift among Nigerian corporates away from cash-heavy processes towards structured digital expense management systems. As businesses expand across multiple locations and manage larger workforces, the need for real-time visibility and stronger spend controls has become more critical.
To support adoption of the new product, Access Bank and Visa plan to host a series of monthly webinars for corporate treasurers, CFOs, and finance managers. The sessions will focus on practical use cases, expense governance, and strategies for leveraging short-term credit to improve working capital efficiency.
Access Bank said the webinars are designed to help organisations fully understand how to integrate the Corporate Credit Card into their financial management frameworks and align expense controls with broader business objectives.
With the launch of the Corporate Credit Card, Access Bank said it is reinforcing its position as a provider of tailored financial solutions for Nigeria’s corporate sector, while Visa said the partnership underscores its commitment to advancing digital payments and financial transparency across West Africa.