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Citigroup extends commercial cards offering to Israel

Citigroup's Global Transaction Services business has extended its commercial cards offering to Israel.

The company said that the launch is part of its strategy to support its clients by continuously expanding its cards business globally.

With Israel’s addition, Citi Commercial Cards solutions are now available in 102 countries, which include 64 local currency programs.

Citi Global Transaction Services global head of commercial cards Manish Kohli said that they are very pleased to offer Commercial Card solutions to their Clients in Israel.

"By adding this sophisticated payment method to our local offering, we are helping Clients to move from traditional payment instruments to electronic ones, thus enabling digitization and providing a more secure, efficient and transparent solution that is underpinned by a best in class reporting tool," added Kohli.