J.P. Morgan Commercial Card Solutions announced plans to expand its single-use accounts product to Canada.

The one-time use card numbers with procurement controls offer corporations "higher card rebates, improved fraud controls and further reduction of paper-based processes," according to the bank. Introduced in 2004 in the United States, single-use accounts are one of the bank's fastest-growing products, according to the company, as spend nearly quadrupled from 2008 to 2010. "Single-use accounts are still a relatively new concept for many Canadian organizations," according to D'Arcy Delamere, J.P. Morgan vice president of commercial card solutions for Canada. "With our technology and proven track record we see significant opportunity in this market."