Alibaba.com Introduces US Business Edge Credit Card: Rewarding Small Businesses for Sourcing on its Wholesale Platform

Alibaba.com has introduced a new credit card in the US specifically for small business owners using their wholesale marketplace. The card, named the Alibaba.com Business Edge Credit Card, provides incentives to businesses that procure from suppliers on the platform.

The Alibaba.com Business Edge Credit Card offers incentives to small businesses that procure from vendors on its platform, as stated in the firm's press announcement on Thursday.

Alibaba.com, in collaboration with Mastercard and Cardless, a fintech firm based in San Francisco that creates co-branded credit cards, has launched its first-ever card. Alibaba is also the owner of the South China Morning Post.

This decision is a component of larger initiatives by the company based in Hangzhou to extend its global e-commerce presence and attract new users from foreign markets due to sluggish business development domestically.