Chicago-based Harris Bank has released its new Corporate MasterCard (NYSE:MA), created specifically for mid-market businesses. The new card, tailored to businesses with up to $250 million in annual revenues, is designed to accommodate businesses as their revenues grow.
Features include the ability to integrate travel and entertainment, purchasing and fleet expenses within a single card solution. The Harris details Online service offers 24-hour Web access, including real-time account information reporting and card program management.
"In the past, card products generally fit well for either smaller or larger enterprises," Ray Whitacre, senior vice president at Harris and head of the commercial middle market segment, said in a statement. "The new card offers features that match up with the needs of middle-market organizations, including enhanced control over expenses, and better payment and purchasing efficiency."