Easy protection for Mastercard credit cardholders
This new protection arrives as nearly 9 out of 10 Belgians shopped online in early 2024, with clothing remaining the top category. Mastercard’s return protection, available to all credit cardholders, provides reimbursements on shipping costs for returns, with coverage up to €30 per return and a maximum of three claims or €90 per cardholder annually.
Quentin Colmant, CEO and Co-founder of Qover, commented, ‘Embedded protection is becoming a strategic tool for businesses to enhance customer value and build loyalty. We’re honoured by Mastercard’s trust and are excited to bring this innovative solution to their cardholders.’
Technology driving customer-first experiences
Using its AI-driven platform, automations and advanced data extractions, Qover makes return protection easy and accessible. Users can quickly find coverage details or submit a claim in just a few clicks. ‘Customers receive instant updates on the status of their claim, keeping them informed every step of the way’, explains Parker Crockford, Chief Revenue Officer at Qover.
For Mastercard, this technology strengthens loyalty and sets its credit cards apart in a competitive market. The solution is designed for digital-first users who want simple, personalised services.
Henri Dewaerheijd, Country Manager, Mastercard Belgium and Luxembourg, added, ‘We’re excited to unveil this new solution in collaboration with the rising star of European insurtech, Qover. This unique protection reinforces the value of Mastercard credit cards for online purchases and enhances the online shopping experience for our Belgian and Luxembourg cardholders.’
This initiative is a key step for Qover in delivering hyper-personalised embedded solutions to meet diverse consumer needs. Qover aims to expand this tech-driven solution across Europe.
Contact Qover’s press team for more information.
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