Small business credit card users now have more protection.
As of September 1, MasterCard's U.S. small-business customers will enjoy zero liability--a level of fraud protection their consumer cardholder counterparts have had for 12 years.
"Small-business owners were not always clear about what level of protection they were getting," explains Bruno Perreault, group head of global small-business and midsize enterprises for MasterCard Worldwide. "We decided to introduce zero liability to alleviate concern and to assure small-business cardholders that they are protected from misuse of the card at all times."
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