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Mastercard (MA) Payment Network Bolstered By Amazon's New Prime Business and Amazon Business Credit Cards [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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significant business deal on Amazon, launching new Prime Business and Amazon Business credit cards. The launch comes as the e-commerce giant transitions to the Mastercard network. Mastercard Incorporated (MA) Payment Network Bolstered By Amazon's New Prime Business and Amazon Business Credit Cards Bornfree / Shutterstock.com Mastercard is tasked with processing transactions through its global network on the Amazon business cards. The Prime Business Card offers 5% cash back on Amazon purchases for Prime members, and the Amazon Business Card offers 3% cash back for non-Prime customers. Earlier, Mastercard moved to strengthen its prospects around cryptocurrencies with the acquisition of stablecoin payment orchestration layer BVNK. The acquisition is poised to enhance the company's capabilities around cryptocurrencies, enhancing interoperability between traditional payment rails and blockchain settlement. Following the acquisition, Evercore ISI reiterated an In Line rating on Ma
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