Shifts in payment strategy to support the ‘stay-at-home’ workforce during the current covid-19 pandemic: Survey results

  • Mahendra Gupta
  • , Richard J. Palmer
  • , James Brandt

    Research output: Contribution to journalArticlepeer-review

    1 Scopus citations

    Abstract

    The COVID-19 pandemic has created many unprecedented challenges to organisations. Before the pandemic, modern business practices, particu-larly related to administrative activities, had become highly centralised, often compartmentalised in ‘shared service’ centres. The new reality has forced organisations to make multiple changes to comply with governmental health guidelines. At the centre of these adjustments is the use of commercial card technology, a payment method well suited to emergency situations and a dispersed workforce with the flexibility to meet evolving user demands. This paper presents results from a recent survey of North American card programme administrators about how organisations have adapted and are con-tinuing to adapt their commercial card programmes to the realities of the COVID-19 pandemic. Implications for the future of payment technology are considered.

    Original languageEnglish
    Pages (from-to)411-425
    Number of pages15
    JournalJournal of Payments Strategy and Systems
    Volume14
    Issue number4
    StatePublished - Dec 1 2020

    Keywords

    • Commercial cards
    • COVID-19
    • Organisational change
    • Procurement
    • Work-from-home

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