Nearly half of company decision makers (49%) said that they would value information gathered from fellow businesspeople in the local area, MasterCard reports. This compares with 44% who would prefer to consult their bank manager and 39% who would turn to an independent financial adviser for guidance.
A third (33%) choose to keep it in the family by placing their faith in the views of family and friends.
Despite the continued growth of the internet and the emergence of so-called ‘new media,’ websites and blogs lag well behind, with 24% and 8% of respondents saying that they prefer these information sources, respectively.
Meanwhile, decision makers cited protection against fraud (62%) as the biggest benefit offered by a business payment card. This ranks ahead of factors including a flexible credit limit (38%) and the ability to vary credit limits from employee to employee (27%).
