Mastercard Expands Small Business Navigator with Fiserv's Clover Offer

Mastercard has expanded its US small business navigator platform with a new offer from Fiserv's Clover. The platform aims to help small businesses manage their finances and grow their operations. The new offer provides access to Clover's suite of services, including point-of-sale systems, mobile payments, and accounting software. This partnership aims to support small businesses in the US and provide them with the tools they need to succeed.

Mastercard has expanded its U.S. Small Business Navigator platform by partnering with Fiserv's Clover, a leading point-of-sale and business management system. This collaboration introduces a new offer that allows up to 1,000 small businesses to claim a select Clover POS device for just one cent per month in hardware rental fees [1].

The Small Business Navigator platform, available at mastercard.us/navigator, offers free and trial-based tools, curated content, product discounts, and partner solutions to help small and medium-sized businesses (SMBs) operate more efficiently and securely. This expansion aims to provide SMBs with the technology and support they need to compete and grow.

Under the new offer, the first 1,000 qualifying businesses to apply before December 31, 2025, will receive a Clover device at a minimal cost. This initiative is part of a broader collaboration between Mastercard and Fiserv, focused on delivering impactful, scalable solutions for small business owners nationwide [1].

The partnership highlights Mastercard's commitment to supporting SMBs, which make up 99.9% of all U.S. businesses. Chiro Aikat, U.S. co-president at Mastercard, noted, "As small businesses continue to digitize and modernize, access to trusted, flexible solutions matters more than ever" [1].

Jennifer LaClair, head of Merchant Solutions at Fiserv, emphasized Fiserv's dedication to helping small businesses succeed by providing them with best-in-class tools via trusted partners. "As part of Mastercard's Small Business Navigator launch, Clover is proud to be offering up to 1,000 SMBs a Clover discount on the Navigator site - enabling them to manage their businesses and customer relationships so they can continue to grow, adapt, and thrive" [1].

The expanded platform underscores the importance of choosing the right payment system for small businesses. Factors such as transaction fees, pricing structures, customer service, and compatibility with existing systems are crucial considerations [2]. By providing access to Clover's suite of services, Mastercard is helping SMBs manage their finances more effectively and grow their operations.

References:
[1] https://www.marketscreener.com/quote/stock/MASTERCARD-INC-17163/news/Mastercard-expands-Small-Business-Navigator-with-penny-rental-offer-for-Clover-50448713/
[2] https://wizcommerce.com/small-business-payment-options/