01:25 PM EST, 11/24/2025 (MT Newswires) -- Mastercard ( MA ) said Monday it partnered with L'Oreal to launch the L'Oreal Mastercard BusinessCard in Mexico, a credit card designed specifically for beauty professionals.

The partnership aims to advance financial inclusion and support small business growth in Latin America and the Caribbean by digitizing a sector that heavily relies on cash.

The card, issued in Mexico by spend management platform Clara as the first market in the region, offers salon owners, stylists, and distributors benefits including discounts on L'Oreal products, rewards on business essentials, and access to professional training and digital expense management tools, Mastercard ( MA ) said.

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