Alibaba.com Partners with Mastercard and Cardless to Launch First U.S. Co-Branded Business Credit Card
Slice of Finance Team
09/11/2024
Key Highlights:
- Alibaba.com partners with Mastercard and Cardless to introduce a co-branded U.S. credit card.
- 3% cashback or 60-day interest-free payment terms on Alibaba.com purchases.
- Extended 90-day order protection via Trade Assurance for Alibaba.com transactions.
- Access to Mastercard World Elite benefits, including cyber protections and productivity tools.
Source (PR Newswire)
Quotes
“ "The Alibaba.com Business Edge Credit Card is the latest way we are adding value for businesses leveraging our platform, especially small and medium-sized enterprises (SMEs)." ”
Rah Mahtani, Head of Marketing, NA at Alibaba.com
Our Take:
This collaboration between Alibaba.com, Mastercard, and Cardless signifies a major leap in financial tools tailored for U.S. small business owners. With the Alibaba.com Business Edge Credit Card, businesses will now have access to valuable rewards and flexible financing options, making cross-border sourcing more accessible and manageable. By combining digital platforms with financial incentives, this partnership underscores the growing need for integrated solutions that help businesses navigate the challenges of international trade while offering tangible benefits like cashback and interest-free payment terms.
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