Mastercard launches new product innovation to address unmet needs of the middle market
United States, Feb. 18 -- Mastercard announced Mastercard Mid-Market Accelerator, its latest suite of small and medium-sized (SME) solutions designed for financial providers to meet the unique needs of their middle market customers. The new offering will be available in the U.S. initially, with plans to scale globally. It combines Mastercard's digital payments technology and several of its value-added services with enhanced features from leading partners that provide transparency, automation, and security. There is an untapped opportunity to support the growth and digitization of middle market companies, specifically the lower-middle market, which is broadly defined as companies with annual revenues between $10M and $100M, or with roughly 5...
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