Mastercard Partners Alibaba.com to Launch a New Credit Card
MAMastercard(MA) ZACKS·2024-09-07 02:05

Mastercard Incorporated (MA) recently partnered with Alibaba Group Holding Limited’s (BABA) business-to-business e-commerce platform Alibaba.com and the renowned fintech innovator, Cardless, to introduce a co-branded credit card. This card is branded as Alibaba.com Business Edge Credit Card. People will be able to apply for the card later this year. The credit card will carry an annual fee of $199.The new credit card is designed to benefit small business owners for domestic and cross-border purchases via Al ...