Mastercard Puts Digital Resources in Small Business Owners’ Wallets
May 01 2019 - 9:00AM
Business Wire
Company Brings Seamless Digital Resources to
On-the-Go, Always Connected Business Owners through Enriched Card
Program and Partnership with Intuit
From Cyber/ID theft protection to a 24/7 business assistant and
financial management tools, your business Mastercard is here to
help with a new small business program now available across
Mastercard Business and World Elite offerings. Product discounts on
the important solutions from Intuit Inc. (Nasdaq:INTU), makers of
QuickBooks® and TurboTax®, and automatic savings on everyday
business expenses including recruiting, travel and dining, are just
a few of the new benefits and features Mastercard is bringing to
small business owners through the digitally focused proposition.
Savings are applied automatically which means no need to worry
about points redemption or piling up bonus points.
“Mastercard is developing solutions that leverage advanced
technologies, partnerships and industry alliances to provide small
business owners with the resources they need and the seamless
experience they deserve. At the end of the day we realize that
they’ve got a business to run and we’ve got the solutions that can
help them do that today, as well as get ahead of their needs
tomorrow,” said Amnah Ajmal, Executive Vice President, Core
Products, Mastercard.
Small business owners today don’t always have c-suite support
and resources to run their business. Now, that’s just what they’ll
get as Mastercard small business cardholders will begin to
automatically enjoy new benefits and access to the tools and
solutions that can aid their business management. This
includes:
- Intuit QuickBooks® Online:
QuickBooks provides small businesses and individuals a smarter way
to manage their business. The platform helps businesses make
smarter decisions, create smart connections and manage cash flow -
everything from invoicing to payments to capital - to run their
business. Cardholders will receive between 40 and 50 percent off a
12-month subscription of QuickBooks Online (Simple Start,
Essentials, Plus, or Advanced) or QuickBooks Self-Employed for
small business owners and individuals. Additional benefits will be
available exclusively to Mastercard small business
cardholders.*
- Intuit TurboTax®: TurboTax
offers the best year-round tax solution that serves the
Self-Employed. With TurboTax Self-Employed, taxpayers can uncover
industry-specific tax deductions so they can be confident they are
getting every dollar they deserve. Taxpayers who are self-employed
can also connect live to a TurboTax Live CPA or Enrolled Agent to
get personalized tax advice or have their return finished, signed
and filed. Eligible small business cardholders will save up to USD
20 on TurboTax federal tax products.
- 24/7 Business Assistant: A
comprehensive, personalized assistance that provides access to key
business services, such as locating tech support or a recruiting
service, arranging client dinners, securing a meeting room, or
purchasing gifts.
- Mastercard ID Theft Protection™:
Cardholders will have access to enhanced Mastercard ID Theft
Protection™ to monitor their personal and business information.
Additionally, cardholders have access to a team of identity theft
resolution specialists, available online 24 hours a day, seven days
a week, 365 days a year to help resolve any identity theft
incidents that may occur.
- Mastercard Easy Savings®:A
program that provides eligible cardholders access to automatic
savings on every day expenses from travel to dining and business
services. Mastercard already has many merchants providing instant
value to cardholders today and is enhancing Easy Savings further by
adding premium to merchants to the program. So whether you’re
recruiting for your business with Monster.com, booking a car with
Avis, dining at Flemings or fueling up with Shell your savings will
be applied automatically. A full list of everyday savings can be
found here.
- Cell Phone Insurance:
Cardholders will be eligible for Mastercard Cellular Telephone
Protection when they charge their monthly telephone bill to their
Business Mastercard. This benefit covers stolen or damaged mobile
phones as well as cosmetic screen scratches.
- Mastercard Receipt Management:
In partnership with Itemize Corp, Mastercard will provide a mobile
app to help small business cardholders track paper and digital
receipts, capture key purchase data, categorize their expenses, and
view/export customized reports. With this offering, keeping track
of receipts on the go, separating personal and business expenses
for tax purposes, and exporting information to business accounting
systems just got a whole lot simpler.
“We’re thrilled to partner with Mastercard to deliver new,
innovative solutions to fuel small businesses’ success,” said CeCe
Morken, Executive Vice President and General Manager of Strategic
Partnerships at Intuit. “Our mission is to power prosperity around
the world and this program provides small businesses with the
financial products they need to grow and prosper.”
Small business owners are brilliant multitaskers, always wearing
many hats in order to run their business. Working in collaboration
with our partners, Mastercard’s new business card benefits provides
small business owners unique access to the tools and solutions that
are critical to helping their business thrive.
*Benefits are subject to terms, conditions, and limitations,
including limitations on the amount of coverage. Cardholders should
contact their issuing bank for additional information.
**Discounts are applicable for new QuickBooks Online customers
only.
About Mastercard
Mastercard (NYSE: MA), www.mastercard.com, is a technology
company in the global payments industry. Our global payments
processing network connects consumers, financial institutions,
merchants, governments and businesses in more than 210 countries
and territories. Mastercard products and solutions make everyday
commerce activities – such as shopping, traveling, running a
business and managing finances – easier, more secure and more
efficient for everyone. Follow us on Twitter @MastercardNews, join
the discussion on the Beyond the Transaction Blog and subscribe for
the latest news on the Engagement Bureau.
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Mastercard Communications Contact:Sarah
Elysarah.ely@mastercard.com914.249.6714
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