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# Pandemic-Prompted Financial Initiatives
Mastercard Helps Customers Find Local Stores Amid COVID-19

By Grace Mahas | Published 2020-07-13 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/shopopeningscom
References: [chainstoreage](https://chainstoreage.com/mastercard-links-customers-reopened-stores-wake-covid-19) & [ShopOpenings](http://www.ShopOpenings.com)

[Mastercard](https://www.trendhunter.com/trends/crypto-source), the American multinational financial services provider, recently announced a new online search tool that will help consumers confirm which businesses remain open amid the "new normal" of COVID-19. The platform, ShopOpenings.com is available to both Canadian and U.S. users and identifies locations that accept contactless payments.

Alongside the new platform, Mastercard also debuted a new global initiative, dubbed Digital Acceleration for Small Business that offers resources and insights to brands looking to build an online presence. The program features partners including Spotify, [BigCommerce](https://www.trendhunter.com/trends/bigcommerce), and [Hello Alice](https://www.trendhunter.com/trends/scarborough-town-centre), among others.

Both programs are part of Mastercard's wider Recovery Insights program that seeks to support global businesses and governments regain economic security and safety amid the devasting COVID-19 pandemic.

Image Credit: Shutterstock, Mastercard

## Trend Insights (Trend Hunter)

- Score: 2.5/10
- Popularity: 19% | Activity: 46% | Freshness: 9%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [Retail](https://www.trendhunter.com/retail)

## Key Themes

### Why This Trend Is Growing

- **Contactless Payment Adoption:** The pandemic has accelerated the adoption of contactless payments, presenting an opportunity for companies to invest in and improve contactless payment technology.
- **Digital Transformation for Small Businesses:** The pandemic has highlighted the importance of digital transformation for small businesses, providing opportunities for companies to offer tools and resources to help small businesses succeed online.
- **Local Store Support Platforms:** The pandemic has created a need for platforms that support local businesses, presenting an opportunity for companies to create similar platforms that connect consumers with local businesses in need of support.

### Industries Being Reshaped

- **Financial Services:** Financial services companies like Mastercard can develop innovative digital tools and support programs to help their clients navigate the challenges of the pandemic and beyond.
- **E-commerce:** E-commerce platforms like BigCommerce can partner with financial services companies to offer resources and insights to small businesses looking to build an online presence and reach a wider customer base.
- **Local Business Support:** Local business support initiatives like ShopOpenings.com can encourage collaboration between businesses, government agencies, and financial services companies to boost economic recovery and ensure the survival of small businesses.

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