MasterCard: Big Deal for Small Business or Not? - Products News


ADVERTISING DISCLOSURE: is an independent, advertising-supported web site. receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Products » MasterCard: Big Deal for Small Business or Not?

MasterCard: Big Deal for Small Business or Not?

The content is accurate at the time of publication and is subject to change.
This content is not provided by Citi. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the Citi.

A new service from MasterCard, targeted to small and mid-sized businesses, aims to combine the savings of online credit card malls with the convenience of credit card concierge service, plus a way to track and manage expenses, all rolled into one.

The MasterCard Business Network is now in beta form and expected to fully launch in the coming weeks, gradually integrating and updating features and functionality. It has three distinct modules: purchases, travel and dining, and expenses.

MasterCard Goes Retail

One of MasterCard Network’s most marketed parts (it greets you on their home page) is the purchase module – the shopping piece of the service, where business owners will have the opportunity to purchase over 650,000 products at a discount. The products will include office supplies, electronics, and construction supplies, and will be shipped by national distributors.

The team took a skeptical look at some of these discounted prices and found that this part of the service is really not a big deal. We surveyed three types of products for small businesses: electronics, electrical supplies, and office supplies. The team looked at how MasterCard Network prices compared to online stores like or We found that on the majority of products, MasterCard offered higher prices, especially in comparison with

Product MasterCard
Business Network

Dell Latitude E6520 Notebook
$977.60 From $785.00 $940

Porter-Cable PC700D 1/2-inch Corded Drill
$74.65 From $66.98 $78.94

Post-it 3in x 3in Pop-up Notes, Ultra Collection, 100 Sheets Per Pad, Pack
$16.57 From $10.50 N/A –
This product is not available at but you can buy it at Staples for $18.99 – MasterCard wins by $2.42

Travel Planning, Dining, and Accounting All-in-One

In the Travel and Dining parts of the service, MasterCard covers anything business owners may need in the way of business trip planning. Business-owning MasterCard holders can get help planning travel itineraries, booking air travel, making hotel and restaurant reservations, and enforcing travel policies for employees who are also authorized cardholders on their accounts.

The expense module will offer a basic or an upgraded version with expense report capabilities, the ability to import transaction data into business reports, and scan and upload receipts for easier accounting and financial reporting.

“The travel planning and entertainment infrastructure that MasterCard has built over the years allows them to deliver an excellent level of service, when it comes to planning and organizing good times for cardholders,” says Michael Germanovsky, editor-in-chief at – “Keep in mind, MasterCard cardholders are already receiving majority of these service through card benefits, These services include travel assistance and protection, among others, with car rental and travel accident insurance to go along with Concierge Service.

Saving Time and Money

“Through one, integrated site, the MasterCard Business Network is designed to help them grow by delivering some of the critical infrastructure capabilities that can help them save time and money,” says Ed Glassman, group executive with the global commercial products group at MasterCard Worldwide. He says that the MasterCard Business Network will be able to help business owners when they purchase supplies, book travel, entertain clients, or get a handle on managing expenses.

The service will be available to anyone who has a business MasterCard and registration is free. There are plans for mobile versions on Android, iPhone and Blackberry as well.

Bundling Services

All of the services offered through this new platform are offered by other cards, so none of this is particularly revolutionary, but the MasterCard Business Network will bundle some of these more familiar services – online shopping malls, concierge service, and expense report capability, into one service, which may prove useful for business owners who want to simplify their already busy schedules.

The site infrastructure will be supported by Rearden Commerce’s Deem platform, and Patrick Grady, their founder and CEO, says that “by leveraging our proprietary technology platform, the MasterCard Business Network is empowering smaller businesses to cut through the clutter with a personalized purchasing and travel experience.”

MasterCard Business Card – Our Pick

“Although I am totally for consolidating services into a single go-to place; I am not thrilled with the business network’s prices, following our research. I can see that they do offer better prices on office supplies, if compared with large retail stores like Staples, but they are totally losing to online retail pros like Amazon. After all, MasterCard is a card processing network that charges merchants around 3% of each sale. By retailing same products, MasterCard finds itself in a direct completion with their own clients (merchants) who pay the swipe fee.” – says Germanovsky.

However, MasterCard issues a wide array of credit cards for small to mid-sized businesses, but we like the CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®, which offers travel perks like earning American Airlines AAdvantage miles on all purchases, priority boarding, and a free checked bag for you and up to four travel partners. The card’s annual fee is relatively low for a premier business credit card, and the ability to register to use the Mastercard Biz will be one more benefit to an already outstanding product.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

MasterCard's Destination Cities Index is Out
MasterCard's Destination Cities Index is Out

Posted: October 10, 2017

Some cities are more popular than others when it comes to travel, and MasterCard has the low-down on which ones are hot, with the release of their Destination Cities Index. The top ten destination cities in the index are Bangkok, London,… Continue reading

A New Card for Healthcare Professionals
A New Card for Healthcare Professionals

Posted: September 15, 2015

Peer United has launched a new card designed just for doctors, surgeons and other healthcare professionals. The Business Everything Card offers rewards and discounts for everyday spending, as well as business expenses. Continue reading

MasterCard and KeyBank Enter Exclusive Partnership
MasterCard and KeyBank Enter Exclusive Partnership

Posted: February 05, 2013

MasterCard has a lock on new KeyBank credit cards that will be launched later this year. The new line of KeyBank consumer, small business and commercial credit cards will be exclusively branded by MasterCard. Continue reading

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Introducing the New Citi Rewards+ Card - the only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap
For Excellent, Good Credit
Enjoy 70,000 bonus miles after spending $5,000 on purchases in the first 90 days
For Good/Excellent Credit
See Rates & Fees
Perfect credit not required for approval; we may approve you when others won’t
For Fair/Bad Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!