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Mastercard has moved to give commercial cardholders greater insight into their expenses by providing more transaction data on Amazon Business purchases.
Mastercard argues that, for many businesses, reconciling B2B transactions can be challenging due to lack of robust reporting tools. Goods and services are sourced and shipped from a large number of suppliers, leaving business customers with a tremendous volume of expenses to process and often little information for each transaction.
The new offering promises to help change this, giving mid and large-size businesses a more intuitive and transparent way to understand and manage their expenses.
It provides a detailed understanding of each line-item, such as item description, price and relevant tax information, for all Amazon Business purchases, to help businesses better track
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