Mastercard announced partnership to bring new services for SMBs

Mastercard says new robust solution suite offers resources to help small businesses increase efficiency

Mastercard announced partnership to bring new services for SMBs. Source: shutterstock.com

Mastercard announced it is expanding its partnership with Zoho to bring small business owners around the world a comprehensive array of products and services to simplify running their enterprise.

With Zoho’s platform, Mastercard is able to offer its small business customers access to a suite of marketing, accounting and CRM tools to automate and digitize time-intensive, paper-based processes.  Mastercard and Zoho are scaling their existing partnership from India to the rest of the world.

In fact, small businesses account for nearly 50% of the world’s GDP and employ almost two-thirds of the global workforce. Through Mastercard’s financial institution and acquiring partners, small businesses will now have access to various solutions such as enterprise resource planning and finance software, customer relationship management, and marketing solutions, amongst others.

Mastercard and Zoho shared solutions will be available later this year.

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