DETROIT - NBD Bancorp has introduced a MasterCard purchasing card for corporate customers, providing a less expensive and more efficient way to authorize, track, pay, and reconcile small-dollar purchases made by their employees. NBD's corporate cash management department offered the card to customers in June after a successful pilot in March.

The NBD Purchasing Card helps businesses cut costs by reducing or eliminating paperwork. It also allows them to maintain purchasing control by pre-selecting authorized users, customizing limits on the dollar amount and number of transactions for each cardholder, and capturing valuable point-of-sale information.

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