Corporate MultiPay

A multi-function account designed for all categories of business payments.

Corporate MultiPay provides an efficient and secure way of paying for your travel, entertainment and business purchases on one account.

It can help to reduce time spent on administration, automate the reconciliation of purchases and increase the visibility of colleagues' card spend.

Watch our video to see how card solutions can make the payment and approval of colleague travel expenses more efficient.


Business benefits

  • Processing efficiencies, automated data capture and tailored MI reports.
  • Making payments promptly improves supplier relationships and allows you to take full advantage of available discounts.
  • Reduced cost of capital with up to 59 days’ interest-free on Sterling purchases.*
  • Consolidated reporting which can be used as evidence for VAT reclaim with thousands of UK-based Mastercard VAT-enabled suppliers.
  • As well as Sterling, also available in Euro and US Dollar denominations to eliminate conversion costs when transacting in those currencies. To take advantage of these options a Lloyds Bank Current account is required in the relevant currency.


* or Euro or US Dollar purchases depending upon currency of account.

Colleague benefits

  • Separates personal spending from business card spend – colleagues don’t have to use personal credit and debit cards to fund business purchases.
  • Provides the convenience of making payments at millions of locations worldwide accepting MasterCard.
  • Simplifies expense claim authorisation and reclaim.
  • Includes travel inconvenience assistance, including medical/legal referral, at no extra cost. Does not provide cover for cancellation/medical expenses.
  • Make contactless payments on transactions up to £100 at participating retailers (equivalent $157 and € 122 on accounts billed in US Dollar or Euro).

Supplier benefits

  • Makes suppliers financially stronger with funds received in as little as three/four working days from order being placed, helping to ease cashflow.
  • Reduces administration by removing their need to chase outstanding invoices.

Streamlining administration on colleague expenses

  • Cardholders, approvers and programme administrators can view, edit and/or authorise expense claim forms.
  • Cardholders and approvers can process expenses on the move with our Mobile App. 
  • Transaction data can then be coded using cost centre, General Ledger and bespoke internal codes before exporting into accounting or expense management software.

Control & Security

Corporate MultiPay can help to ensure compliance with internal spending, risk and governance policies by allowing you to control spend:

  • at Company and cardholder level,
  • by individual transaction amount or volume; and/or
  • via Merchant Category Group blocking.

Visibility over cardholder spend is greatly improved with all transactions reported on statements and via our Data Management system.

Creating value

A Corporate MultiPay programme provides:

  • increased visibility over supplier spend. The data we supply can be used to develop and drive better pricing with your key suppliers.

Reporting & Management Information

Our Corporate MultiPay provides detailed reporting and MI which you can tailor to your organisation’s needs.

Alternatively, a raw data file can be supplied which you can  upload directly to your own accounting system.

You can access a range of reports, including:

  • Cardholder profile reporting – detailing accounts, authorisations and allocation values.
  • Merchant reports – summary of all transactions per merchant.
  • User profile reporting – list of data for individual cardholders.
  • VAT reporting – accredited tax reporting on transactions, categorised as “evidence” or “non-evidence” for VAT reclaim.
  • User audit reports – list of modifications administered by each cardholder.
  • Transaction reports – summary of all transactions per cardholder.

For more information

To find out more about how Corporate MultiPay can enhance your business efficiency enquire online.

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Contact us

Should you need assistance once your programme is set up please contact the relevant team.