Mastercard launches the first Corporate Black card together with BNA

Buenos Aires, May 7, 2024 – The credit card Mastercard corporate black It is the first on the market in its category. This product, launched together with the BNA, called “Corporativa Nación” is now available in Argentina for public or private organizations of any activity or field.

It is aimed at companies that want to provide their high-level executives with a premium experience, mainly in travel and transportation (T&E) expenses. In addition, it offers a differentiated service in exclusive rewards programs and travel insurance. On the other hand, its contactless technology allows payments to be made quickly, safely and without friction.

“True innovation arises from collaboration between various industry players, thus driving progress towards a more connected and efficient future. We hope that the economic reactivation will allow us to continue growing, and continue modernizing the payments ecosystem in Argentina.”, said Federico Cofman, Mastercard Cluster Leader for Argentina, Uruguay and Paraguay.

Corporate expenses in the region

The use of corporate cards allows organizations to keep track of expenses incurred by employees for travel expenses, meetings with clients, among others. In turn, it simplifies the fund management process and reduces the risks associated with handling large sums of cash. Historically, in the payment industry, products for the consumer have been prioritized over the commercial customer. Today Mastercard seeks to strengthen its offer in the market, launching customized products for the sector.

In its commitment to accompany the growth of companies’ payment processes, Mastercard establishes strategic alliances that strengthen the use of emerging payment technologies and solutions. With the presentation of the card Mastercard corporate blackas a result of its collaboration with the BNA, the use of contactless cards is promoted and payment options are added to support organizations and companies, so that they can choose the one that best suits their needs.

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