Mastercard has announced a 'Getting Back to Small Business' support package to help reignite small business growth in New Zealand.
Mastercard will offer local SME's access to a range of digital resources, tools and services to help them navigate and adapt to the new demands of e-commerce.
85 percent of SME's in New Zealand are suffering a decline in revenue as a result of the pandemic.
Getting Back to Small Business will offer roughly 500,000 SME's access to approximately $5,400 worth of tools and services each, along with various educational resources that will help them go digital between now until early 2021.
Small businesses are the backbone of the New Zealand economy.
"Currently, many lack the technical support and know-how to take their business online and often don't have access to the same networks and resources as their larger counterparts. By removing some barriers, Mastercard can help them build new and sustainable revenue streams, setting local small businesses up for success and enabling them to emerge stronger on the other side of this crisis," said Ruth Rivere, Country Manager of Mastercard New Zealand.
Areas that the Getting Back to Small Business will tackle:
- Arming small businesses with the knowledge to operate in a new, more digitally orientated world.
- Helping small businesses tackle new challenges in the digital domain.
- Enabling small businesses to stay secure online.
- Empowering small businesses to take control of their cyber health.
For full details on the initiative, click here.