Corpay Expands Business Card Solutions With New Corpay World Elite Business Mastercard®
June 05 2024 - 9:00AM
Business Wire
The Corpay World Elite Business Mastercard is
designed to be the ultimate tool for business transactions,
elevating employee travel and purchasing capabilities.
Corpay, a global leader in business payments, is proud to
announce the launch of the Corpay World Elite Business Mastercard,
a dynamic purchasing solution tailored for facilitating seamless
company spending and enhancing employee travel experiences. This
addition to Corpay’s suite of business card offerings signifies a
sizable advancement in providing small and medium businesses with
the essential tools to manage expenses effectively while enjoying a
full range of benefits including cashback, Priority Pass™, and
Mastercard Travel & Lifestyle Services®.
Crafted to meet the distinctive needs of modern businesses, the
Corpay World Elite Business Mastercard provides enhanced working
capital; customizable purchasing controls; robust security
features; and seamless integration with Corpay Complete, Corpay’s
intuitive, mobile-ready spend management platform that allows users
to create, review, and approve expense reports on the go.
“We're thrilled to partner with Mastercard and introduce this
new enhancement to our extensive suite of business card offerings,”
says Danny Martucci, Corpay GM of Commercial Card & Expense.
“This card empowers businesses to optimize purchasing while
upgrading visibility and control over spend. With cashback rewards
on all purchases alongside premium benefits, it's the ideal choice
for small to medium enterprises seeking both financial efficiency
and elevated travel.”
The Corpay World Elite Business Mastercard sets a new benchmark
in business card solutions, offering a uniquely comprehensive array
of travel benefits without sacrificing cash perks. Cardholders
enjoy 1.5% cashback on all business purchases and access to
Priority Pass, enabling entry to over 1,500 airport lounges
worldwide, as well as exclusive experiences, concierge services,
and merchant discounts. Additionally, through Mastercard Travel
& Lifestyle Services, cardholders receive free nights at
partner hotels, staycation offers, property amenities and upgrades,
and transportation savings.
“Partnering with Corpay, we’re bringing meaningful value to
small businesses, helping them streamline expenses and optimize
daily operations,” said Seema Chibber, EVP of Product &
Engineering, North America at Mastercard. “By adding elevated
travel benefits and experiences for an enhanced card offering, the
new Corpay World Elite Business Mastercard is a smart and rewarding
business tool.”
Corpay boasts unparalleled financial stability by fostering
trust among vendors and businesses across diverse industries.
Processing nearly two billion transactions annually across all
payment methods, including checks, ACH, virtual cards, and physical
cards, Corpay leverages sophisticated algorithms to detect and
prevent fraudulent activities, alongside comprehensive automation
to simplify accounts payable processes.
To learn more about the Corpay World Elite Business Mastercard,
please visit https://na.corpay.com/world-elite-card.
About Corpay
Corpay (NYSE: CPAY) is a global S&P 500 corporate payments
company that helps businesses and consumers manage and pay expenses
in a simple, controlled manner. Corpay’s suite of modern payment
solutions help its customers better manage vehicle-related expenses
(e.g. fueling and parking), travel expenses (e.g. hotel bookings)
and accounts payable (e.g. paying vendors).
Through its unified spend management platform, Corpay Complete,
Corpay offers a range of solutions including Payments Automation,
Invoice Automation, Procure-to-Pay, Expense Management, and
Commercial Card programs. These solutions empower clients to
automate, secure, and streamline business payments while reducing
overall costs. An S&P 500 and Fortune 1000 company, Corpay
processes 1.9 billion transactions annually and is the #1 B2B
commercial Mastercard® issuer in North America.
This results in our customers saving time and ultimately
spending less. Corpay – Payments made easy. To learn more visit
www.corpay.com.
About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments
industry. Our mission is to connect and power an inclusive, digital
economy that benefits everyone, everywhere by making transactions
safe, simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. With connections across more than
210 countries and territories, we are building a sustainable world
that unlocks priceless possibilities for all.
www.mastercard.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240605018254/en/
Media Relations Chad Corley, 770.729.5021
Chad.Corley@corpay.com
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