MEXICO CITY, Nov 24 (Reuters) - Mastercard ( MA ) and

L'Oreal are launching a joint business card for beauty

salon operators in Latin America and the Caribbean, they said in

a joint statement on Monday.

-- The card will first be issued in Mexico by corporate card

provider Clara, Mastercard ( MA ) and L'Oreal said.

-- Expansion across other markets in Latin America and the

Caribbean is planned with additional financial partners, they

added.