SAN FRANCISCO--(BUSINESS WIRE)--
Visa (NYSE:V) today announced a new offer from Yelp (NYSE:
Yelp) to bring exclusive advertising benefits to U.S. small and
medium-sized businesses (SMBs) that use a Visa Business credit or debit
card to purchase Yelp Ads. This offer can help SMB owners maximize the
value they get from being a Visa Business cardholder and advertising on
Yelp. All U.S. Visa Business cardholders that enroll in the offer and
spend a minimum of $150 per month on Yelp Ads will receive an additional
$50 toward Yelp Ads each month (up to $600 annually) to help grow their
business.
As a market leader in payments in the U.S. SMB segment, Visa provides a
full suite of payment services designed to help SMBs pay and get paid,
including Visa Business credit and debit cards, business reporting,
payment controls and Visa
SavingsEdge. This Yelp offer enables more SMBs to expand their
advertising to help attract and retain customers, a top challenge for 39
percent of SMBs working to expand their business1. Ranked as
the number one review site by consumers looking for local businesses,
Yelp connects millions of SMBs with potential customers2.
“Small businesses are at the center of our local communities and global
economies and we are delighted to work with Yelp to offer this benefit
to U.S. Visa Business cardholders that will help increase their reach
online,” said David Simon, global head of small and medium enterprises,
Visa Business Solutions, Visa. “We are committed to helping businesses
thrive and expand their purchasing power through Visa’s fast, convenient
and secure digital payment options.”
“Hundreds of thousands of small businesses advertise on Yelp annually to
amplify their online presence and increase opportunities to connect with
potential customers,” said Chad Richard senior vice president, business
and corporate development, Yelp. "Small business owners are constantly
looking to grow their customer base and we are excited to team up with
Visa to help small businesses thrive.”
To take advantage of the offer, new and existing Yelp SMB customers
simply enroll using the pre-populated “VISAEXTRA50” promo code, pay with
a Visa Business credit or debit card and spend at least $150 each month
to earn an additional $50 of Yelp Ads. Offer details are available at
biz.yelp.com/visa.
Visa Supports Small Businesses Globally
Whether accepting payments from their own customers or making payments
to their providers, SMBs in the U.S. recognize Visa as a preferred
payment brand3. Visa Business cardholders around the world
trust that their payments will be:
-
Safe and Secure: In addition to offering Visa’s Zero Liability
Policy4 or any unauthorized transactions, Visa provides
24/7 fraud protection and benefits, such as purchase security and
extended warranty on all cards
-
Accepted Wherever They Go: Visa is widely accepted globally,
allowing customers to use their Visa cards at more than 54 million
locations worldwide
-
Convenient and Trackable: Visa allows businesses to efficiently
pay and monitor expenses ranging from a coffee with a client to major
bill payments
Additionally, Visa is a true advocate for the 30 million SMBs in the U.S.5
Beyond educational efforts to help SMBs remain competitive in a digital
world, Visa recently launched platforms including the Visa
Back to Business Project that helps support SMBs in areas impacted
by natural disasters. The company also announced She’s
Next, Empowered by Visa earlier this month with the goal of
empowering women-owned SMBs as they build, sustain and advance their
businesses.
About Visa Inc.
Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our
mission is to connect the world through the most innovative, reliable
and secure payment network - enabling individuals, businesses and
economies to thrive. Our advanced global processing network, VisaNet,
provides secure and reliable payments around the world, and is capable
of handling more than 65,000 transaction messages a second. The
company’s relentless focus on innovation is a catalyst for the rapid
growth of connected commerce on any device, and a driving force behind
the dream of a cashless future for everyone, everywhere. As the world
moves from analog to digital, Visa is applying our brand, products,
people, network and scale to reshape the future of commerce. For more
information, visit About
Visa, https://usa.visa.com/visa-everywhere/blog.html
and @VisaNews.
1 Visa Small Business Outlook, Winter 2019
2
Nielsen study commission by Yelp, 2016
3 Visa Small
Business Payment Behaviors & Perceptions Study 2017
4
Visa’s Zero Liability Policy does not apply to certain commercial card
and anonymous prepaid card transactions or transactions not processed by
Visa. Cardholders must use care in protecting their card and notify
their issuing financial institution immediately of any unauthorized use.
Cardholders should contact their card issuer for more details.
5
2018 Small Business Profile, U.S. Small Business Administration
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https://www.businesswire.com/news/home/20190124005212/en/
Sheerin Salimi
Visa Inc.
shesalim@visa.com
Source: Visa Inc.