New Products & Tools to Compliment Small Business Solutions
U.S. Bank (NYSE: USB) is the first bank in the nation to offer its small
business customers access to MasterCard’s Business Network in a fully
customized, consolidated website that provides offers, advice and tools
designed to help small businesses run efficiently and effectively.
Together with the newly launched Payment Controls from U.S. Bank, it is
now simpler and more convenient for small business owners to manage how,
when and where their employees use business credit cards.
“The annual Small Business Survey from U.S. Bank indicates small
business owners want services that help them efficiently manage their
finances,” said Cathi Stanton, senior vice president for U.S. Bank
Retail Payment Solutions. “The new MasterCard Business Network and
Payment Controls from U.S. Bank are a response to what our customers
have told us they need.”
“The MasterCard Business Network was created from the feedback of
hundreds of small- and mid-sized businesses. It focuses on their
opportunities and challenges including minimizing costs, getting more
out of a day’s time and engaging with new and existing customers. We are
thrilled that U.S. Bank will help get this important toolkit and Payment
Controls into the hands of people who will benefit the most, local
business owners,” said Eugene DeSilva, senior vice president, commercial
U.S. Bank is launching three new Business Credit Cards with these
U.S. Bank Business Edge™ Cash Rewards World Elite™ MasterCard®
U.S. Bank World Elite™ MasterCard® Company Card
U.S. Bank MasterCard® Community Card
In addition to MasterCard’s Business Network, small businesses using any
of the three new cards also have access to additional online tools from
MasterCard and U.S. Bank:
MasterCard EasySavings – a rebate program – no coupons, no
codes and no fee to register. Cardholders simply register once, shop
at participating merchants that provide discounts and automatically
receive a rebate on their monthly U.S. Bank credit card statement.
U.S. Bank Connect™ - a free online community and resource to
help business owners, start, run and grow their business.
U.S. Bank Payment Controls –individual customization allowing
small business owners to control how, when and where employees’ use
business credit cards. Card use may be limited by time of day or day
of week, merchant or transaction type, or even dollar amount. Certain
types of transactions may be completely blocked and business owners
may choose to receive real time alerts when certain types of
transactions are made.
U.S. Bank MasterPass Wallet – A free digital wallet that helps
make online shopping safe and easy.
To learn more, go to https://www.mbnusbank.com
About U.S. Bank
Minneapolis-based U.S. Bancorp (“USB”), with
$422 billion in assets as of December 31, 2015, is the parent company of
U.S. Bank National Association, the fifth largest commercial bank in the
United States. The Company operates 3,133 banking offices in 25 states
and 4,936 ATMs and provides a comprehensive line of banking, investment,
mortgage, trust and payment services products to consumers, businesses
and institutions. Visit U.S. Bancorp on the web at www.usbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160204005029/en/
Source: U.S. Bank
Lori Swarthout, U.S. Bank Public Relations