Alibaba.com And Mastercard Team Up To Launch U.S. Co-Branded Business Credit Card Powered By Cardless; Card Offers Benefits Such As 3% Cashback And A 90-Day Order Protection, Aiming To Enhance Value For Small Businesses In Global Sourcing
Portfolio Pulse from Benzinga Newsdesk
Alibaba.com partners with Mastercard and Cardless to launch a co-branded business credit card in the U.S., offering benefits like 3% cashback and 90-day order protection to enhance value for small businesses in global sourcing.
September 05, 2024 | 6:02 pm
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POSITIVE IMPACT
Alibaba.com has partnered with Mastercard to launch a co-branded business credit card in the U.S., aiming to enhance value for small businesses with benefits like 3% cashback and 90-day order protection.
The partnership with Mastercard to launch a co-branded credit card in the U.S. is a strategic move for Alibaba.com to enhance its presence in the U.S. market and provide added value to small businesses. This could positively impact Alibaba's stock as it expands its financial services offerings.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Mastercard collaborates with Alibaba.com to introduce a co-branded business credit card in the U.S., providing benefits like 3% cashback and 90-day order protection to small businesses.
Mastercard's partnership with Alibaba.com to launch a co-branded credit card enhances its product offerings and could attract more small business customers, potentially boosting its transaction volume and revenue.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70