Markaaz and Mastercard have announced a new partnership in which Mastercard will bring products and services – including in the areas of payments and security – to the Markaaz platform to help support small businesses.
With a powerful set of tools, services and data, Mastercard and Markaaz, the world’s first pre-verified community of businesses, will partner to enable users to save critical time and money in identifying and working with their partners.
Mastercard brings a suite of assets and expertise to Markaaz to help businesses reduce complexity and increase efficiencies including: Mastercard Track™ Business Payments Service, RiskRecon’s assessment of cyber risk and vulnerabilities to businesses and Finicity’s real-time access to financial data and insights. Upon integration into Markaaz’s dashboard, the all-in-one solution will provide customers a pre-verified community of businesses, educational resources, digital tools and best-in-class payment capabilities – everything they need to manage and grow their business.
With Mastercard, Equifax and a number of other partners, Markaaz continues to build out its suite of resources for small businesses focused on the most critical needs including support with cash flow, customer and supplier management, accounting and cybersecurity.
“This partnership with Mastercard is a very significant one for Markaaz,” says Hany Fam, Founder and CEO of Markaaz. “We are thrilled that Mastercard is able to bring its capabilities, know-how and team to bear to develop unique assets and resources for this partnership.”
“Mastercard is deeply committed to supporting the needs of small businesses in our increasingly digital world,” said Ginger Siegel, North America Small Business Lead at Mastercard. “We are pleased to bring the power of Mastercard’s open banking, cyber risk and ID-verification tools to Markaaz to create a richer value proposition for small businesses.”
