As per the information detailed in the press release, Mastercard released new credit card capabilities, partnering with health and wellness, travel, and lifestyle brands to support bridging the gap between routine essentials and enhancing experiences. By collaborating with Alo Moves, Booking.com, HealthLock, Instacart Business, Lyft, MoviePass, and ResortPass, the company aims to increase the value where consumers and small and medium-sized enterprises (SMEs) spend. Also, the move adds to Mastercard’s existing portfolio of rewards and benefits that its cardholders already receive.
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