MasterCard Introduces New Card for Small Businesses

MasterCard Worldwide (NYSE:MA) has launched a new premium-payment card tailored for high-spending small businesses. The World MasterCard for Business offers small-business customers more spending power, superior customer service, and enhanced rewards.

Issued by Chase Card Services, a division of JPMorgan Chase (NYSE:JPM), it's the first business-payment card that allows access to the MasterCard Unique Experiences reward program. Rewards include private tables at top restaurants for team or client entertainment, access to tee times at renowned golf courses, and office and meeting room reservations at participating Regus locations.

World MasterCard for Business also offers no preset spending limit, points that never expire, enhanced cardholder protection, and additional discounts. The Continental Airlines World MasterCard for Business and the GM Business Card World MasterCard are the first two cards issued on this platform.

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