Credit card companies use all kinds of incentives to get people to use their services, and when used smartly, they offer legitimate benefits. But for companies that distribute credit cards with rewards attached, this creates a series of problems that may result in credit card fraud.
Many organizations use company credit cards to help employees make easy business purchases when they travel or buy supplies for the office. However, according to recent statistics, ordinary people can become abusers of this privilege when businesses fail to put adequate controls in place to prevent credit card fraud.
Organizations that utilize gratitude can have a double impact on both their own employees as well as the people they serve. But when they don’t track purchased gifts carefully, these funds can slip through the cracks and encourage fraudulent purchases.