Mastercard adds digital resources to new small business program

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From Cyber/ID theft protection to a 24/7 business assistant and financial management tools, the business Mastercard is here to help with a new small business program now available across Mastercard Business and World Elite offerings in the US.

Product discounts on the important solutions from Intuit, 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.”

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.

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. This offer is limited to new QuickBooks customers only.

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.

Self-employed taxpayers 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 essential 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 everyday 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 merchants to the program.

So whether business owners are recruiting for their business with Monster.com, booking a car with Avis, dining at Flemings or fueling up with Shell, the 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 and 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. 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.”

CeCe Morken, Executive Vice President and General Manager of Strategic Partnerships at Intuit

Small business owners are brilliant multitaskers, always wearing many hats in order to run their business.

Working in collaboration with Mastercard’s partners, the new business card benefits provides small business owners unique access to the tools and solutions that are critical to helping their business thrive.

READ MORE: Mastercard fraud detection technologies saved millions this holiday season


What do you think about these features Mastercard is offering for small business owners? Please use the comments section below or head over to our Facebook Group for Small Business Sellers and interact with other small business owners.

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