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When John Garcia, assistant controller of Toyota Motor Insurance Services Inc. (TMIS), pays a local repair shop to replace a bad alternator on one of the cars his company insures, he uses a corporate purchasing card that is good only for that shop, only for the amount his claims people have agreed to pay, and only for a few weeks. No plastic changes hands–Toyota Motor Insurance just gives the shop the amount and a card number it can use to be paid through its merchant bank.

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